Update: Read the presentation about the G20 meeting that was delivered to NFU Council this week. Click here.
Our economics and international affairs team has put together a briefing on the key piece of work to come out of the recent G20 meeting of agricultural ministers in Paris.
The action plan on food price volatility was unanimously agreed following two days of negotiations.
While it stopped short of making binding commitments on regulating commodity markets, un-winding biofuel mandates, establishing strategic global food stocks or disciplining food export restrictions, it did set out a plan for a new data system on global production, stocks and demand, to be known as AMIS.
See what we made of it all here.
The 24-page ministerial declaration will now be submitted to the full G20 leaders’ summit in Cannes this November.
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