Wednesday, June 11, 2008

The Return of International Food Treaties...

The move towards bilateral agriculture contracts marks a policy U-turn as such deals were gradually abandoned in the 1990s as countries started to rely on the international food market for their supplies, abandoning previous policies of self-sufficiency.

Analysts say that while bilateral agreements could help secure supplies, prices are likely to be at market prices rather than discount levels.
Read the entire story here.