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agricultural development schools set up and specific programs to support rice and chili, but Niger

saw much less progress in both Research and Human Capital Development

Mr LATIF also discussed Oman’s Food Investment Company, highlighting the role Sovereign

Wealth Funds could play in boosting food systems, having spend over $300 million in establishing

food companies across Oman, particularly instructive for countries rich in oil and natural

resources.

Conclusions and Policy Recommendations

At the final part of his presentation, Mr LATIF presented the findings from a survey of 150

respondents representing food industry participants and ecosystem stakeholders across the OIC,

highlighting key statisitcs, including the fact that 51% of respondents claiming it was difficult to

sustain livelihoods as farmers, and food price volatility being the largest risk factor.

Recommendations were also prioritized by respondents, with building human capital,

contingency planning and monitoring trade and production among the top policy priorities.

Mr LATIF carefully walked through several fundamental policy actions to be taken across the

three core areas of building sustainable food systems that can be implemented over a five-year

timeframe:

Gathering detailed information, at a country-level, of where the gaps exist in the food

system relative to global benchmarks. Then, it is possible to develop consistent

measurements, against which the OIC can continuously track the ongoing risks of food

crises. Country-level gap assessments could lead to a food security “rating” that is

continually updated, supported by cross-OIC efforts to developing early warning systems.

Development of national commitments by lagging to enhance food system stability made

within the framework provided by COMCEC and supplemented by detailed national

strategies to accomplish commitments made within a reasonable timeframe. Food system

strategies might elaborate on and develop an implementation roadmap for national

commitments made, with a robust commitment to long-term talent development in food

and agriculture.

Dedication of more funds to supporting food system stability. While The Islamic

Development Bank has played an important role in providing vital funding for food and

agriculture projects across the OIC, the OIC would benefit from an increase in funds

allocated to at least $1 billion a year, with a clear segmentation of how those funds will be

used, and a separate project management arm, to ensure funds are distributed for the best

causes. Zakat was also discussed as a source of funds, with UNHCR’s Refugee Zakat Fund a

potential partner to enable social safety nets.

Ensuring a robust project management function that supports investments and

implementation of food system enhancement projects across the OIC. The Islamic

Organization for Food Security could play an important role in funding and driving

research and development activity in the food sector across the OIC, mirroring the USDA’s

important role in the U.S. The IOFS could manage any commercially viable projects based

on recommendations and imperatives from SESRIC and COMCEC.

Trade liberalization among member countries, whereby the OIC has the opportunity to

review its commitment to lifting trade barriers. Tariffs applied by OIC members are

higher than the WTO average for the majority of OIC countries, and this is especially true

for agricultural products. Under the framework of the existing Trade Preferential System,