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World Bank, UN agency chiefs to discuss food crisis: WB

by Staff Writers
Tokyo (AFP) May 23, 2008
The World Bank, the World Food Organisation and other aid groups will hold an emergency meeting next week to discuss ways to deal with the global food crisis, a World Bank official said Friday.

Senior officials including World Bank president Robert Zoellick will meet Thursday on the sidelines of an African development conference in Yokohama, southwest of Tokyo, the Bank's Tokyo office chief Kazushige Taniguchi said.

Top officials from the UN World Food Programme (WFP) and the International Fund for Agricultural Development (IFAD) are also expected to attend, he said.

"This will be an opportunity to share awareness of short-term and longer-term challenges the world faces in food supply," he said.

"In addition to aid to countries in urgent need of food, we have to look at the longer term goal of boosting food production," he said.

"You may think that farmers would naturally increase production if food prices rise, but that logic doesn't work in Africa, which lacks public infrastructure, such as hedging of drastic moves in food prices," he said.

The World Bank is co-hosting the African development conference, known as the Tokyo International Conference on African Development (TICAD), to be held from Wednesday through Friday in Yokohama.

Japan wants to make the global food situation one of the major themes of the Group of Eight summit that it will host in July, along with aid for Africa and tackling global warming.

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EU agriculture policy must 'evolve' as food prices rise: French PM
Riga (AFP) May 23, 2008
The European Union's Common Agricultural Policy (CAP) farm subsidy scheme must evolve in the face of the global food crisis, French Prime Minister Francois Fillon said Friday.







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