Report: "The State of Agricultural Commodity Markets 2006"[05-07-2007]
Report: "The State of Agricultural Commodity Markets 2006"
The Food and Agriculture Organization of the United Nations (FAO) has presented its annual report, "The State of Agricultural Commodity Markets 2006" (SOCO 2006). In which it warns that the multilateral reform of the agricultural trade policy should stimulate the market and economic growth providing that it is compatible with the Millennium Development's First Objective. An objective which seeks to reduce the number of people who are victims of hunger and poverty to half by the year 2015. According to David Hallam, Chief of FAO's Trade Policy Service. "Not only will some developing countries not gain from trade liberalization, in some cases they may be adversely affected which they consider a threat to their domestic production and food security. The reduction of tariffs means increased competition from imported foods for the locally produced products and many countries are not prepared to withstand this challenge…"
This report can be found on: