Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-17-Speech-1-243-000"
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"en.20110117.21.1-243-000"2
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"Mr President, the recognition of agriculture as a strategic sector in the context of food security that this report speaks of is inseparable from the recognition and promotion of the concept of food sovereignty. The greater the food dependency and food insecurity of a country, the more difficult it is to guarantee a sufficient supply of food to its population, in terms of both quantity and quality.
Food sovereignty is the best insurance against food product price volatility, an issue that has dramatically re-emerged on the order of business. This volatility has its origins fundamentally in the financial speculation carried out on food products, an area on which the speculators, investment funds, hedge funds, pension funds and large banking institutions have focused so much of their attention that the other speculative bubbles have either dried up or burst.
The only way to stop this speculation is to do away with the instruments that make it viable, namely, certain financial products such as over-the-counter derivatives.
Sadly, the measures that the European Union has adopted in this area are far from being capable of putting the brakes on this sinister wave of speculation and its inhumane consequences – as is acknowledged in a recent United Nations report authored by the Special Rapporteur on the right to food."@en1
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