International Centre for Trade and Sustainable Development
International Environment House 2 Chemin de Balexert 7-9 1219 Châtelaine Geneva Switzerland
Phone: +41 22 917 84 92 Fax: +41 22 917 80 93 Email: email@example.com
Prices for food and agricultural products have fallen steadily since hitting a peak in 2011 – despite analysis at the time suggesting that higher and more volatile prices from 2006 onwards were a symptom of a new paradigm in food and agricultural markets, reflecting fundamentally different connections between agricultural and energy markets due to biofuels, a new pattern of weather-related production shocks and lagging productivity growth in the face of sustained demand growth especially in developing countries.
This meeting explored new trends in agricultural and energy markets and discussed the extent to which they are likely to be representative of longer-term phenomena, as well as examining the possible implications they could have for negotiators seeking to shape new rules that will govern the multilateral trading system in the years or decades ahead.
The event was webcast, and we took questions via twitter with the hashtag #ICTSDAG.
In both agricultural exporting and importing countries, policies that affect farm trade can have impacts on producers and consumers at home as well as in other world regions, with consequences for the ability of governments to ensure food security and foster rural development for their citizens.
New trends in global markets, new policy developments and new forms of economic integration are likely to have implications for the way in which an eventual Doha Round deal will affect the balance of risks and opportunities for different types of economic actors within and also between countries and negotiating groups.
This informal dialogue provided an opportunity for negotiators and other policy actors to explore possible options for promoting food security and rural development on the road to the Nairobi Ministerial Conference and beyond, by building on recent ICTSD work on national policy trajectories in agricultural exporting and importing countries.
For further information, contact Paolo Ghisu at pghisu[@]ictsd.ch.