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SALIC organized a seminar on stockpiling of agricultural commodities

Saudi agricultural and livestock investment company ( Salic ) organized a seminar on stockpiling of agricultural commodities was held at the Ritz Carlton Hotel in Riyadh during 9-10 September 2015. The seminar was organized by the Saudi Agricultural and Livestock Investment Company (SALIC) in cooperation with the UK-based Harper Adams University. The seminar was attended by participants from a large group of interested institutions including; the Ministry of Agriculture, Grain Silos & Flour Mills Organization, Agricultural Development Fund, The General Directorate for International Cooperation and Overseas Agricultural Investments and; the Director of King Abdullah Initiative for Agricultural Investments Abroad. The FAO representative in Saudi Arabia has also attended the seminar.

The seminar has discussed different patterns of food stockpiling at a global level and has also discussed WTO stand on stockpiling practices.  Global grain and red meat production trends were covered, along with practical and scientific consideration related to the establishment and management of stockpiling systems. The seminar has also elaborated on relevant economic policies and the potential of public-private partnerships to develop an efficient stockpiling setting.  Finally, the stockpiling experiences of some countries were presented.

SALIC’s CEO, Mr. Abdullah Aldubaikhi, has stated that the company persistently endeavors to implement and spread knowledge related to agriculture in general, and strategic reserves of agricultural commodities, in particular.