Markets and Trade
©FAO/Vyacheslav Oseledko


Promoting food market transparency and policy coordination

The G20 Agricultural Market Information System (AMIS)

Side event at 75th Session of the FAO Committee on Commodity Problems (CCP)

 Wednesday, 13 July 2022 | 12:45-14:00 CEST 


Hybrid Event
Sheikh Zayed Centre and Zoom

PLEASE REGISTER HERE

Background

The Agricultural Market Information System (AMIS) was launched in 2011 by the Group of Twenty (G20), with the objective of enhancing market transparency, reducing the likelihood of sudden food price spikes and improving policy coordination in times of high food price volatility. AMIS does so by monitoring global markets of four main food commodities (wheat, maize, rice and soybeans) and by promoting dialogue among the principal trading countries of these commodities. The initiative is supported by a multi-agency Secretariat hosted by the Food and Agriculture Organization of the United Nations (FAO). Its participants include the G20 members (plus Spain) and seven invited countries, which jointly account for more than 80 percent of global production and trade of the covered commodities.

During the 10 years of its operation, AMIS has established itself as a trusted source of timely and reliable market information and analysis. By working closely with designated focal points in AMIS participating countries, the initiative has supported countries in implementing improved methodologies for data collection, analysis and dissemination. AMIS has created a vibrant network of the main players in global food markets, which has proven essential in the initiative, and played an important role particularly during crisis times, such as the market turmoil caused by the COVID-19 pandemic or the war in Ukraine.


Objective

The side event will inform Members – especially those representing countries not participating in AMIS – about the principal activities, outputs and operational modalities of AMIS, and how they can benefit from this initiative.
 
The side event will be organized in all FAO official languages.



 PROVISIONAL AGENDA 


Moderator: Mr Joe Glauber, AMIS Secretary ad interim

 12:45  Opening remarks 

  • Mr Boubaker Ben-Belhassen, Director, FAO Markets and Trade Division, Chair of the AMIS Secretariat Steering Committee

 12:50  The role of AMIS during crises  

  • Mr Seth Meyer, Chief Economist, United States Department of Agriculture, AMIS Chair
  • Ms Adriana Herrera, Agricultural Counsellor to the European Union, former AMIS Chair


 13:05  An overview of the structure, objectives, and principal achievements of AMIS  

  • Mr Denis Drechsler, AMIS Project Manager
  • Ms Doaa Abdel-Motaal, Senior Counsellor, Agriculture and Commodities Division, WTO

 13:15  Perspectives of participating countries 

  • European Union: Mr Tassos Haniotis, Director, Strategy and Policy Analysis, DG Agriculture & Rural Development, European Commission
  • South Africa: Mr Molahlegi Aubrey Mphateng, Senior Agricultural Economist, Department of Agriculture, Land Reform and Rural Development


 13:30  Q&A session 


 13:55  Closing remarks 

 
For further information, please contact: [email protected]

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