FRANCE AND BRAZIL CALL FOR GLOBAL ACTION ON FOOD PRICE STABILITY

BY KEITH NUTHALL THE FRENCH and Brazilian governments have forged an unusual European-emerging market alliance, calling for increased coordination among G20 states during food supply crises, and tighter regulation of the global food market. They have issued a joint communiqué calling for the creation of global and regional food stocks, close monitoring of global cereal stocks especially, greater regulation of food market derivatives, and the creation of financial mechanisms (including price guarantees) to protect food producers from excessive price ...


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