The G7 Agriculture Ministers addressed this Monday the problem of security in the supply of fertilizers following the blockade of the Strait of Hormuz as a first step before the summit that the heads of state of these seven large economies will hold in Évian (France) in a week.
“Today I convened the G7 agriculture ministers to discuss a strategic issue: the security of fertilizer supply, on which our collective ability to feed the world depends,” confirmed the French agriculture minister, Annie Genevard, host of the meeting.
Genevard has stressed that the closure of the Strait of Hormuz as a result of the conflict in the Middle East implies the blocking of almost a third of world exports of urea, something that has caused a sharp increase in the prices of nitrogen fertilizers, which have increased by 30% in France since February.
“Our farmers cannot absorb this increase alone,” said the French Minister of Agriculture, who together with her counterparts from the United States, the United Kingdom, Germany, Italy, Canada and Japan, as well as the European Commission, defend that fertilizers are “a strategic issue” for agriculture and global food security.
“This is only the first step. Our work will serve as the basis for the Summit of Heads of State to be held in Évian in a week. Food sovereignty is also being built within the G7,” he added.