ABU DHABI, Aug 18 (KUNA) -- The Gulf Cooperation Council (GCC) states
import more than USD 12 billion worth of food every year, an expert in
agriculture technology said here Monday.
Dr. Mohammad Adel Ghandour said regional and international circumstances
should encourage the six GCC countries to invest in agriculture domain in
Africa, noting that food prices have surged by 75 percent since 2000.
Speaking in the United Arab Emirates (UAE) deputy prime minister's media
center, Ghandour said the UAE topped the GCC countries in terms of value of
food imports, with Saudi Arabia coming next.
The UAE and Saudi Arabia are pondering agricultural investment projects in
Sudan, Egypt and Pakistan, he said.
Ghandour said agricultural investment has become part of the UAE's
investment policy. (end)
KUNA 181955 Aug 08NNNN