Ministers discuss issues facing global agriculture markets

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A worker weeding in a nursery in Back Kan, Viet Nam. FAO@PHOTO

Governments need to review the way international agricultural commodity markets are governed, the Director-General of the UN Food and Agriculture Organization FAO said on Monday.

José Graziano da Silva told ministers from around the world that while prices are currently declining, the underlying problems which led to volatile fluctuations in the past five years persist.

More than a billion people are employed globally in the agriculture sector accounting for a fifth of the world's economic activity.

Mr da Silva said it was important to reassess the sector.

We need a forum like this, a neutral forum, where we can present our opinions, where we can share our concerns."

The meeting in Rome, Italy will look at how changing global priorities will affect the future governance of the international commodity economy.

Daniel Dickinson, United Nations

Duration: 56"

Filed under Food Crisis, Today's News.
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