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25.11.2021 Supporting economic growth through agriculture investment

Legislative Council (LegCo) members attended a webinar on Thursday to discuss the importance of investing in agriculture and food systems in supporting economic growth, poverty reduction and food insecurity as well as creating employment opportunities especially for young people, women and the needy.

The webinar was jointly organised by the ASEAN Inter-Parliamentary Assembly (AIPA) Secretariat, the Food and Agriculture Organization of the United Nations (FAO) and the International Institute for Sustainable Development (IISD).

Delegations from the Parliaments in ASEAN as well as Africa and Europe attended the webinar.

Representing the LegCo was Yang Berhormat Haji Mohimin bin Haji Johari @ Jahari. Secretary to the Cabinet Ministers Council and Clerk to the Legislative Council Pehin Orang Kaya Pekerma Jaya Dato Paduka Awang Haji Judin bin Haji Asar was also present.

In the current context of the COVID-19 pandemic, additional investment in agriculture is needed to reduce the impact of the pandemic and support recovery efforts towards the achievement of the sustainable development goals. Members of Parliament play an advisory role and hold strategic positions for the purpose of informing the political and legal agenda and further fostering investment towards progress in the field of agriculture.

In addition, members of Parliament also play an important role in encouraging changes and developments at the national and regional levels through the enactment of legislation and the use of budgets in ensuring accountability and effective implementation of commitments.

Yang Berhormat Haji Mohimin said that His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam previously emphasised the need for the country to develop agriculture.

Brunei Darussalam, especially during this pandemic, attaches great importance and priority to the development of agriculture and agri-food in ensuring food security and increasing the economic contribution to the gross domestic product (GDP).

During the recent United Nations Food Systems Summit (UNFSS), the Sultanate underlined the country’s commitment in strengthening the food system and accelerating production growth in the agriculture and fisheries sector, encouraging foreign direct investment (FDI), as well as increasing productivity through the use of technology to meet domestic demand and for exportation.

Therefore, collective efforts need to be accelerated to ensure a fair, sustainable and resilient food system to jointly achieve the dustainable development goals by 2030.

The webinar also saw the introduction of a handbook prepared by the FAO and the IISD to provide a systematic overview, as well as best practices on the role of members of Parliaments in creating an enabling environment for investment in various areas of agriculture and the food system.

(News Source: Borneo Bulletin)

25.11.2021 Supporting economic growth through agriculture investment