This latest move embodies IGC’s continued cooperation in the development of AMIS, as set out in the Declaration of the G20 Agricultural Ministers in June 2011, and the council’s decision in June that it should play a more active role in AMIS in order to strengthen global efforts to enhance food market information and transparency.
The IGC’s Executive Director Etsuo Kitahara, informed members of the AMIS Secretariat that the council’s contribution to the work of AMIS would include the following:
• Provision of supply and demand information covering grains, rice and soyabeans for inclusion on the AMIS website database (www.amisoutlook.org);
• Monitoring daily export prices and volatility through the IGC daily Grains and Oilseeds Index (GOI);
• Issuing an extended summary of the IGC’s monthly Grain Market Report on its public website (www.igc.int).