This would “ensure the continued flow of food, as well as essential products, services and inputs to agricultural and food production and supply chains”, they added.
“We also recognize the importance of exercising restraint in the excessive storage and hoarding of agricultural products affected by this crisis which are traditionally exported,” they said in the statement, which was to be distributed to all member states of the WTO later on Friday.
The countries pledged to work together “to ensure that sufficient, safe, affordable and nutritious food continues to be available and accessible at all times for all”.
They also pledged to keep their food and agricultural markets “open, predictable and transparent by not imposing unjustified trade restrictive measures on agricultural and agri-food products or key agricultural production inputs”.
They warned that the application of such measures, in particular “unjustified export bans and restrictions on agricultural and agri-food products, increases uncertainty and can lead to a spiral of price increases and further restrictions”.
They said any measures countries introduce to mitigate food security impacts should be “least distorting possible” and should follow WTO rules to “enable markets and the flow of food to work as well.” efficiently as possible”.
And they stressed that no export bans or restrictions should be imposed on food purchased by the United Nations World Food Program for humanitarian purposes.
The United Nations has warned that Russia’s attack on Ukraine since February 24 and economic sanctions against Moscow have disrupted global food supplies, worsening a food security crisis that is already deepening in many countries.
Russia and Ukraine are the main exporters of wheat, corn, rapeseed and sunflower oil, while Russia is the world’s largest supplier of fertilizers and essential gases.