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India, China back French plan to tackle food-price 'plague'

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Bloomberg Paris

China, India and Brazil were among Group of 20 countries that backed new rules for global agriculture at a meeting in Paris today, France said.

Farm ministers from the US, the UK, Australia and Argentina hadn’t stated their positions on the plan yet, French agriculture ministry spokesman Bertrand Sirven said in a briefing at a meeting of G-20 agriculture ministers in Paris.

France, the current G-20 president, has proposed a central database on crops, limits on export bans, global market regulation and emergency stockpiles. Food price swings are a “plague” on farmers and consumers that cause poverty and hunger, French President Nicolas Sarkozy said yesterday.

 

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First Published: Jun 24 2011 | 12:49 AM IST

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