Russia’s war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organisation for Economic Co-operation and Development (OECD) warned Thursday….the 38-country OECD said that over the next year, the conflict would reduce gross domestic product (GDP) — the broadest measure of economic output — by 1.08 percent worldwide, by 1.4 percent in the 19 European countries that share the euro currency and by 0.88 percent in the United States.OECD warns Ukraine war to push prices even higher.
The ongoing war in Ukraine obviously has implications for global trade and supply chains, consequently there has been growing attention to the issue of food and nutrition security. This comes on the back of the ongoing pandemic that has already disrupted the global supply with increase demand for certain products exposing challenges in production and distribution. With global challenges predicted to continue the obvious question for curious minds is to examine the Mia Mottley government’s agriculture mitigation measures under Minister of Agriculture Indar Weir.
The goal of the F.E.E.D programme is to involve more young people in agriculture by training them and providing them with land and infrastructure after training by initially targeting was 1200 farmers. The government is also reportedly spending millions of dollars in St. Phillip and St.Lucy. The water harvesting project at River in St. Phillip is almost complete.
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There is also the Hope Training Initiative in St Lucy, funded by the Chinese Government.
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However the agriculture project which captures the imagination of the blogmaster is the initiative at the Lears Land Lease project. It is a partnership between government and C.O Williams with the plan to allocate land between 5000 sq ft and 2 acres to 150 F.E.E.D programme participants. A component of the project is that it plans construction of a food terminal in partnership with Guyana and Suriname which should see Barbados becoming a southern Caribbean hub for the distribution of food throughout the region. Barbados hopes to benefit from competitive prices for food products which are not produced in Barbados. Also there is another upside- products produced in excess like onions local farmers will have access to a facility to export to the rest of Caricom to ease any glut.
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Another initiative is the Blackbelly Sheep project which seeks to increase local blackbelly sheep population from 10,000 to 1 million in 5 years. This is being led by local black belly sheep expert Dr. Leroy McClean. The project is expected to utilize land space in Guyana for sheep farming and hopefully significant reduce lamb imports into Caricom.
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These initiatives have resulted from the St.Barnabas Accords which is an agreement signed by Barbados, Guyana and Suriname on cooperation across several sectors. This partnership with Guyana – described for years as the bread basket of the region – is long overdue and was a part of the vision of the late Owen Arthur who all agree was a big proponent of the CSME, a component of CARICOM.
The blogmaster is about recognizing results, in this case the measure must be a spike in agriculture output by moving the GDP needle. However some marks must be given to the Mottley administration for the ongoing initiatives mentioned. For sure volatility in the global production and distribution commodities market demands the urgency of now by leaders for the region to cooperate and find ways to feed its people. Globalization as we knew it seems to be under threat- a new global order is emerging and countries are rethinking alliances and leaning more to smaller trading blocks. The St. Barnabas Accord along with others to be born maybe the way forward to circumvent more bureaucratic regional arrangements.