Tuesday, July 5, 2011

G20 agriculture summit to discuss food security and regulating global markets

Rising food prices were discussed in Europe recently: interesting French position on tariffs and regulations.

link to the article


"World food prices that rose 37% in a year, driving 44 million more people into poverty, are a “plague” that needs action from world leaders now, said French President Nicolas Sarkozy during the two-day Group of 20 agriculture ministers in Paris." A market that is not regulated is not a market, it’s a lottery in which fortune smiles on the most cynical, instead of rewarding hard work, investment and the creation of value” underlined Sarkozy."

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