Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-17-Speech-4-352-000"

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"The index of food prices on the financial markets has shown an uncontrollable rise in these prices over recent months, due to the international economic and financial crisis and also the recent environmental disasters resulting from climate change. The situation is aggravated even further by speculation, which has been responsible for up to 50% of the price rises, preventing many people from enjoying food security and generating political instability especially in poorer nations. As we know, this can have a domino effect and end up threatening peace and security in other countries. Food security is a fundamental human right and is included among the Millennium Development Goals, as well as being a common agricultural policy objective. The European Union therefore has a duty to confirm both its commitment to establish a sound agricultural and rural development policy and also its support for research and technological innovation aimed at improving productivity, while meeting energy efficiency and sustainability requirements. Sustainability also means promoting the production and marketing of traditional local produce, by offering suitable financial incentives and the chance for small and medium-sized enterprises to access credit. I believe it is equally important to adopt clear and transparent regulations to prevent speculation, which is particularly damaging to the health of many Europeans, and to make Europe’s agricultural production competitive."@en1

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