ST Explains: What is food protectionism and why are countries doing it?

Some food-producing nations are resorting to food protectionism to safeguard stocks for themselves. PHOTO: ST FILE
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SINGAPORE - Dwindling food supplies, ensuing price spikes and risks of hunger in import-dependent countries are causing consternation globally, with the Bank of England's governor labelling the food security crisis "apocalyptic".

Some food-producing nations, normally net exporters of food products, are resorting to food protectionism to safeguard stocks for themselves.

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