A new international mechanism for trading fertilizers through the Strait of Hormuz

António Guterres, Secretary-General of the United Nations, announced today (Friday) the establishment of a specialized working group to deal with current challenges related to navigation in the Strait of Hormuz to secure global humanitarian needs. A statement distributed by the office of the official spokesman for the Secretary-General, Stephane Dujarric, revealed the components of this team, which will be headed by Jorge Moreira da Silva, Under-Secretary-General and Executive Director of the United Nations Office for Project Services, indicating that the team will include representatives of the United Nations Conference on Trade and Development, the International Maritime Organization, and the International Chamber of Commerce, and stressed the possibility of expanding participation in this team to include other parties. He explained that this team will focus its work on developing…