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Tuesday, June 03, 2008 - 04.58 GMT
President to address Food Summit today
Massive assistance sought for world food security

 

The FAO Food Summit, which will be addressed by President Mahinda Rajapaksa today, is aimed at forging a common international response to the food crisis.

The immediate goal of the June 3-5 summit - -- which is expected to draw more than 40 heads of state - will be to secure a massive flow of assistance to the world's hungriest people and to ensure that subsistence farmers across the globe will have the seeds and fertilizers they need to plant their crops this season.

The summit takes place when prices of most food staples have skyrocketed to their highest levels in more than 30 years, threatening to force more than 100 million people into the ranks of the poverty. The price spike has been triggered by various causes such as rising consumption in China and India, skimpy wheat harvests in Australia, varying weather conditions, speculation in the commodities market and increased use of agricultural land to produce biofuels.

Signaling the serious nature of the current food crisis U.N. Secretary General Ban Ki-moon will issue an urgent plea to world leaders at the food summit to immediately suspend trade restrictions, agricultural taxes and other price controls that have helped fuel the highest food prices in 30 years, according to U.N. officials.

President Rajapaksa who will emphasize the importance of food security to reduce poverty and improve the quality of life of people in the developing countries, is expected to urge the need for regional cooperation in establishing adequate mechanisms to meet the present crisis and prevent the recurrence of such situations.

He is also expected to recommend an FAO monitoring system on food production worldwide with ability to forecast shortfalls and price fluctuations well in advance, to enable countries and regions to mitigate their adverse effects on the people, and call for a regional approach to food security within a global framework.

Remove trade restrictions

The UN Secretary General is seeking to prod more than two dozen nations that have imposed restrictive measures in the current crisis to reverse course, saying their actions have driven prices higher. The United Nations will also urge the United States and other nations to consider phasing out subsidies for food-based biofuels -- such as ethanol -- and to hammer out a pact with poor countries that would reduce agricultural tariffs and subsidies that have harmed poor farmers.

Seeking a leadership role for the UN in coordinating the international response to the crisis, the Secretary General will recommend establishing a U.N. task force to prepare a global plan of action. A 31-page draft will be presented at the Rome meeting, outlining a "two-track" strategy, beginning with short-term measures aimed at "urgently increasing access to food," expanding safety nets for the most vulnerable, and taking steps to help reduce prices of rice, wheat, corn and other primary staples.

Biofuels debate

While there is agreement among countries on the need to increase food production, it is learnt that negotiations over a summit statement explaining how to do so have triggered debate over the role of genetically modified crops, biofuels, subsidies, trade policy and financing. There is likely to be a strong debate on how to finance the new requirements – whether it is through grants, loans or other financial instruments, due to the high costs involved.

The issue of biofuels will is causing much debate. World Bank analysts estimate that biofuel production has accounted for 65 percent in the rise of world food prices, while the IMF has concluded that biofuel production is responsible for a significant part of the jump in commodity prices.

However, the United States defends the production of biofuels, using food crops, as it has saying it has driven down oil consumption over the past three years. The Washington Post has quoted US Agriculture Secretary Ed Schafer, who will lead the US delegation in Rome stating that: "Increased biofuels production accounts for only 2 to 3 percent of the overall increase in global food prices... This is not distorting the global price of food." He added. "This is how we're going to create energy independence in this country. And we urge others in the face of this rising price problem with energy to look at alternative means, one of which certainly is biofuels."

Sri Lanka is expected to be strong in opposition to the use of agricultural land used for food crops for the production of biofuels.







 




 


 
   
   
   
   

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Last modified: June 03, 2008.

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