G20 Farm Deal A First Step

A G20 farm deal agreed on June 23 is a good initial effort to tackle food price volatility and fight shortages and should encourage investment in agricultural output, France’s agriculture minister said. “This is the way I see this agreement. A first step, a positive step, and also an impetus that has been given to investment in agriculture,” Bruno Le Maire told Reuters shortly after G20 farm ministers agreed an action plan to curb food price volatility. The deal steered clear of divisive details but paved the way to greater international co-operation on sensitive agricultural issues. – Reuters

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