US Leads G20 Effort to Secure Global Fertilizer Access
The U.S. urges G20 members and global lenders to ensure fertilizer access. Treasury Secretary Scott Bessent aims to protect food trade from supply disruptions.
The United States, which currently chairs the Group of 20 major economies, is urging member nations and international financial institutions to coordinate efforts to ensure global fertilizer access. According to sources familiar with the matter, the initiative aims to create a buffer against disruptions in food trade supply chains. U.S. Treasury Secretary Scott Bessent has emphasized the essential importance of agricultural supply chains and is encouraging collaboration with the International Monetary Fund and the World Bank to address these challenges. The move is designed to stabilize food trade and support global agricultural productivity amid potential market volatility.
