Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Investment in FAF is one of the most critical ways for ASEAN countries to provide employment and livelihoods, reduce poverty and improve food and nutrition security. However, there are a number of risks associated with private sector investment, particularly foreign investment.
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When done badly, private sector investment can exacerbate existing inequalities, undermine the livelihoods of smallholder farmers,indigenous peoples, and natural resources.
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But when done well, and integrated with the local economy, increased investment can help generate employment and promote economic development. All stakeholders have a role to play in ensuring positive outcomes, and each faces a unique yet interlocking set of risks and challenges.
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Investment in FAF creates challenges for AMS in the following six key areas:
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
Why do we need guidelines specific to ASEAN?
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
The primary purpose of the Guidelines is to promote investment in food, agriculture and forestry in the ASEAN region that contributes to regional economic development, food and nutrition security, food safety and equitable benefits, as well as the sustainable use of natural resources. Other objectives include:
Guideline 10
Strengthen regional approaches to responsible investment in FAF in ASEAN by:
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Harmonizing standards, regulations and approaches while allowing flexibility
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Promoting a ‘race to the top’ through incentives for responsible business practices
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Collaborating on capacity building and networks to share information and raise regional standards
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Developing shared approaches to FAF investment promotion and facilitation
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Promoting intra-regional assistance, experience sharing and capacity building
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Adopting at a regional level international good practices and standards
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Promoting bilateral cooperation between home and host countries to monitor investments jointly
To achieve this, consider: