International Cooperative Alliance renews the partnership with FAO

Amman, International Co-operative Alliance (ICA) and FAO Wednesday renewed their partnership, to enable smallholder and small-scale family farmers in the developing world to benefit from a unique and successful business model that combines economic and social goals for inclusive development.

The two organizations signed a Memorandum of Understanding that will give new impetus to their collaboration and provide opportunities to enhance and deepen their strategic partnership.

Under the framework of the MoU, FAO will work with ICA to promote knowledge and good practice examples of how cooperatives in the food and agriculture sectors can be sustainable and inclusive enterprises; support advancement of cooperatives as a business model that is well-performing, inclusive of small-scale producers and family farmers and responsive to members’ needs.

In addition, they will work to ensure participation of cooperatives and their members in regional and global policy consultation processes and support the establishment of an enabling environment for cooperatives to develop and thrive.

The important contributions of agricultural cooperatives to poverty reduction and the achievement of food security are gaining increasing recognition throughout the world.

Cooperatives are included as implementing partners in the SDGs and play a critical role in strengthening smallholders’ capacities to make responsible investment in agriculture. Further, the UN Decade of Family Farming (2019-2028) Resolution recalls the need to focus on agricultural cooperatives and farmers’ networks in efforts to enhance food security and nutrition.

FAO is concerned with eradicating poverty and making farming and food regulations more more sustainable. ICA, which is spread in over 107 countries, is an international non-profitable alliance that was established in 1895 to support and develop cooperation and it is considered the biggest cooperative alliances across the world.

Source: Jordan News Agency