His attendance underscores the EBRD’s very strong commitment to investing in the sustainable development of agriculture and in drawing in the private sector to help unlock agricultural potential.
Sir Suma will take part in a discussion panel “Investment in agriculture to support the 2030 Agenda for Sustainable Development: Opportunities, gaps, key challenges and risks”.
Speaking ahead of his visit, President Chakrabarti said: “World Food Day and the Milan conference are an excellent opportunity to demonstrate the progress being made in helping to feed a fast-growing global population. In line with the new global Sustainable Development Goals, the EBRD is actively working to scale up investments to produce better quality food in a more efficient, productive and environmentally friendly way.”
During his visit to Milan, President Chakrabarti will meet Italian Economy and Finance Minister, Pier Carlo Padoan, who is the current Chair of the EBRD’s Board of Governors.
He will also hold discussions with representatives from the Italian companies at the Chamber of Commerce to discuss business opportunities in the countries where the Bank invests.
Since 1991 the EBRD has invested around €9.4 billion through 564 projects in the agribusiness sector in 36 countries in the transition region.