Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-02-Speech-2-331"

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"en.20080902.30.2-331"2
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"Madam President, Mr Medina Ortega, at its meeting of 19 and 20 June this year, the European Council acknowledged that the recent escalation in food prices is a source of anxiety both in the European Union, where the crisis mainly affects low-income households, and internationally with particular reference to the developing countries. The reasons behind this phenomenon are complex. The first is the growth in global demand, especially among the main emerging economies. The second is related to rising production and transport costs, caused in part by the rise in oil prices. The third is linked to the way the financial markets work, to the speculation on international markets and local food markets. Lastly, some major producing countries have had bad harvests because of poor climate conditions. The General Affairs and External Relations Council next month will consider these questions again, looking firstly at the need to improve food security in coordination with the United Nations, and secondly at the international financial institutions and the G8. The IMF and the World Bank have scheduled meetings and I am very pleased that Mr Ban Ki-moon, Secretary-General of the United Nations, has set up a high-level team to consider the food crisis. The European Union will play a full part in implementing the declaration made at the high-level FAO Conference held in Rome on 5 June this year. Obviously, we will also have to draw on the upcoming United Nations and World Bank meetings, in order to develop and deepen activities aimed at boosting food production in the affected developing countries. As you can see, the main policies that are concerned in this food crisis and can help resolve it are agricultural policy, development policy and trade policy. The CFSP to which Mr Medina Ortega referred can make a contribution here, but only marginally, in the context of the political dialogue it is conducting with third countries aimed at encouraging them to formulate better agricultural policies; that would improve food security in the developing countries and strengthen regional integration in the most seriously affected areas."@en1
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