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[CTA - Brussels Office Newsletter N° 278]
Subject: [CTA - Brussels Office Newsletter N° 278]
Send date: 2011-06-27 17:46:32
Issue #: 94
Content:
Bulletin CTA
1

This weblog shares information on key ACP-EU programmes and events
from Brussels relevant to agriculture and rural development in ACP countries.


Date : [DATE]
CTA Brussels Newsletter

 

Main events in the week
  1. José Graziano da Silva of Brazil elected FAO Director-General
  2. Main events for the week from 27/06 to 1/07/2011
  3. Orbán: Presidency accomplishes 98 % of its objectives
  4. France sees G20 farm deal as a first step
  5. Nuclear waste: exports to non-EU countries should be banned, say MEPs
  6. MEPs oppose Barroso’s CAP budget cut
  7. EP approves fisheries partnership with Seychelles and São Tomé and Príncipe
  8. Member states fail to endorse concrete actions to protect biodiversity
  9. The EU defines its priorities for the United Nations General Assembly
  10. Dominica receives $15 million in budgetary support from the EU
  11. Launch of report on renewable energies’ role in fighting climate change
  12. G20 Agriculture: 5 priorities to end food crises
  13. The Netherlands encourage developing countries to help returning nationals
  14. Belizean fisheries faces European embargo
  15. German development cooperation to focus more on private sector
  16. EU resumes full development cooperation with Niger
  17. Foreign Affairs Council ready to give assistance, provided that fighting stops in Sudan
  18. ActionAid: New food crisis one bad harvest away
  19. The Commission presents policy orientations for the Rio+20 Conference
  20. EU countries put brakes on transport emissions goal
  21. Brussels in disarray over energy directive
  22. G20 agriculture ministerial meeting
  23. €60m EIB loan for regional investment in West Africa


  1. José Graziano da Silva of Brazil elected FAO Director-General
    2011-06-27
    NEWSLETTER_CATEGORIES : Rural development, Food Security, Archive, Aid effectiveness

    Dr. José Graziano Da Silva with CTA Director Michael HailuJosé Graziano da Silva of Brazil was elected Director-General of the UN Food and Agriculture Organization (FAO). Graziano da Silva, who is 61, received a total of 92 votes out of 180 votes cast, winning over former Spanish Foreign Minister Miguel Ángel Moratinos Cuyaubé, who received 88 votes. There were no abstentions. The election took place on the second day of the biennial 191 member nation Conference of FAO, which also will vote on the Organization's budget for 2012-2013. As Brazil's Extraordinary Minister of Food Security and Fight Against Hunger he was responsible for implementing the country's highly-successful "Zero Hunger" ("Fome Zero") programme, in whose design he also played a leading role. The programme helped lift 24 million people out of extreme poverty in five years and to reduce undernourishment in Brazil by 25 percent. Since 2006, he has served as FAO Assistant Director-General and Regional Representative for Latin America and the Caribbean. Graziano da Silva was born on 17 November 1949. He holds a Bachelor's Degree in Agronomy and a Master's Degree in Rural Economics and Sociology from the University of São Paulo as well as a Ph.D. in Economic Sciences from the State University of Campinas. In addition, he has two post-Doctorate degrees in Latin American Studies (University College of London) and Environmental Studies (University of California, Santa Cruz). Brazilian and Italian by nationality, he is married and has two children and two grandchildren. He speaks English, Spanish, and Portuguese. Graziano da Silva is FAO's eighth Director-General since the Organization was founded in Quebec City, Canada on October 16, 1945. The term of the new Director-General, who will succeed Senegal's Jacques Diouf, will start on 1 January 2012 and run through 31 July 2015.

    Source: FAO




  2. Main events for the week from 27/06 to 1/07/2011
    2011-06-27
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Aid effectiveness, Environment, Archive, Regional Fisheries, Food Security

    European Parliament
    -27, 30 June: Committee Meetings in the European Parliament
    Council of Ministers

    -28 June: Agriculture and Fisheries Council
    European Commission

    -29 June: Weekly meeting of the college
    Hungarian Presidency
    -30 June: Hungary will pass the Presidency to Poland
    Committee of the Regions
    -30 June – 1 July: Plenary session of the Committee of the Regions

    You can also read our newspaper “CTA Brussels Daily” (fed by our Twitter account), and follow our Facebook group CTABrussels and our Twitter account CTABrussels to receive up-to-date information on EU-ACP events.




  3. Orbán: Presidency accomplishes 98 % of its objectives
    2011-06-27
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Environment, Food Security, Archive

    “We have accomplished 98 percent of what we had set as our objectives,” Hungarian Prime Minister Viktor Orbán said, during his evaluation of the Hungarian Presidency’s performance in Brussels, at the 23-24 June 2011 meeting of the European Council. The heads of state and government of the EU have already made an economic decision in the first day of their meeting. The Hungarian Presidency took a large part in the EU’s fight against the economic crisis: for the first time, it has launched and managed the EU’s new economic coordination mechanism, the so-called European Semester; and concerning the matter of the package of six legislative proposals aimed at  reform of economic governance, it has brought a political agreement equally acceptable for the European Parliament (EP) and to Member States within reach. In the press conference, closing the first day of the Union summit, President of the European Council Herman Van Rompuy announced that the European semester has been closed. “We endorsed the recommendations of the Commission to the Member States, without -- and I insist -- without watering them down,” Mr Van Rompuy said.

    Source: Hungarian Presidency


    Link Read more
    Link PES host ‘alternative’ EU Presidency handover
    Link Polish Presidency Website


  4. France sees G20 farm deal as a first step
    2011-06-27
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Food Security, Archive

    A G20 farm deal agreed on Thursday 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 Insider TV shortly after G20 farm ministers agreed an action plan to curb food price volatility.

    Source: Reuters


    Link Read more
    Link Main points from G20 meeting
    Link G20: Action Plan on food security


  5. Nuclear waste: exports to non-EU countries should be banned, say MEPs
    2011-06-27
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Environment

    Nuclear waste exports to countries outside the EU should be prohibited, unless exported for recycling and imported back into the EU, and even within the EU should be permitted only when governed by bilateral agreements, said Parliament on Thursday. MEPs also backed stricter rules for protecting and training workers, called for stronger investigatory powers for national authorities, and said research on alternatives to burying the waste deep underground should be stepped up. Under the proposed directive, each Member State would have to devise policies and programmes to ensure that spent fuel and radioactive waste is processed and disposed of safely. National policies would have to include inventories and management plans for all facilities, even after they close down. Romana Jordan Cizelj (EPP, SL), who drafted the resolution, said during yesterday's debate that "The European Parliament has several times called for a directive on the processing of radioactive waste and spent fuel and events in Fukushima showed we were right to do so. We are positive about the idea of a directive and we want this directive to be stronger and clearer". The resolution was passed with 489 votes in favour, 52 against and 75 abstentions.

    Source: European Parliament


    Link Read more
    Link Read the conclusions
    Link Commission: Nuclear waste management


  6. MEPs oppose Barroso’s CAP budget cut
    2011-06-27
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Environment, Food Security

    MEPs want to keep the EU agriculture budget unchanged until 2020 so that farmers have incentives to provide secure food supplies, environmental protection, create new jobs and provide for a competitive EU farming sector. Ahead of Commission proposals on the future of the Common Agricultural Policy the Parliament is staking out its position for the next long-term budgetary period, running from 2014 to 2020. In response to rumours of cuts in aid for rural development, MEPs stressed their support for adequate funding for this area. "The vote sends a clear, strong signal to the commissioner [Dacian Cioloş] and I hope the Commission will bear in mind what we have put into the report and incorporate it in the final legislative proposal", said Albert Dess (EPP, DE), who drafted the resolution.

    Source: European Parliament


    Link Read more
    Link Further information
    Link Commission: CAP reform


  7. EP approves fisheries partnership with Seychelles and São Tomé and Príncipe
    2011-06-27
    NEWSLETTER_CATEGORIES : Regional Fisheries

    60 European vessels will be allowed to catch fish in the waters of Seychelles from 2011 to 2014, with another 40 vessels in the waters of São Tomé and Príncipe, according to an agreement that the European Parliament approved on Thursday. The agreement with São Tomé and Príncipe will be valid until 2014. Over the next three years, the EU pledges to give 450 000 € per year as a compensation for European catches: 65€ per ton paid by the EU, with another 35€ per ton paid by the fisher. The EU guarantees payment for a minimum of 7000 tons a year. Another 227 500 € per year is meant as a support for sectoral fisheries policy. Altogether, agreement will be worth 2 047 500 €. For every ton exceeding the annual quota, the EU agrees to pay 130€. The EP rapporteur Luís Manuel Capoulas Santos assures that “overall, the agreement accounts for 0.36% of total catch of target species stocks: in no case does the catch of Community vessels under the agreement account for more than 0.55% of total fishing of the stocks concerned”. The protocol with Seychelles concerns a catch volume seven times higher than in São Tomé and Príncipe. The EU pledges 3 380 000 € per year for 52 000 tons of catches (65 € per ton paid by the EU with another 35 € paid by the fisher), and another 2 220 000 € per year to support Seychelles’ fisheries and maritime policy. The protocol’s value thus amounts to a total of 16 800 000 € over three years with a pledge of 130 € per ton for catches exceeding 52 000 tons per year. If the Council does not oppose the decision of the Parliament, the agreement can become law.

    Source: CTA


    Link Read more
    Link Further information on Seychelles
    Link Further information (São Tomé)


  8. Member states fail to endorse concrete actions to protect biodiversity
    2011-06-22
    NEWSLETTER_CATEGORIES : Environment

    EU environment ministers on 21 June adopted conclusions on the EU 2020 biodiversity strategy, tabled by the Commission on 3 May, but were unable to endorse 20 concrete measures accompanying six headline targets proposed by the EU executive. After a lively public debate on the draft conclusions, ministers rubber-stamped the strategy, together with its targets, as "a key instrument to enable the EU to reach its overall 2020 headline target".

    Source: Euractiv


    Link Read more
    Link Read the Council conclusions
    Link Commission: Diversity Action Plan


  9. The EU defines its priorities for the United Nations General Assembly
    2011-06-22
    NEWSLETTER_CATEGORIES : Environment

    The 3101st Council meeting on  Foreign Affairs held in Luxembourg on 20 June 2011 approved the EU's priorities, with regard to peace and security, environment, sustainable development and human rights, for the 66th session of the United Nations General Assembly, which will start in September (11298/11). The Treaty of Lisbon reaffirms the EU's commitment to the principles of the UN charter, calling for multilateral solutions to common problems and challenges. To contribute to the achievement of this objective, the EU will continue to strive to build a stronger multilateral system, notably by enhancing the representativeness, transparency, accountability, efficiency and effectiveness of the United Nations. In this regard, the EU will actively engage in the reflection started in the General Assembly on the role of the UN in global governance.

    Source: Council of Ministers


    Link Read more
    Link Read the Council conclusions
    Link United Nations General Assembly


  10. Dominica receives $15 million in budgetary support from the EU
    2011-06-22
    NEWSLETTER_CATEGORIES : Aid effectiveness

    The EU Commission has approved fifteen million dollars in budgetary support for Dominica under its 9th European Development Fund (EDF). National Authorizing Officer for the EDF in Dominica Eddie Lambert, says the monies which is expected to be deposited into the governments accounts at the Eastern Caribbean Central Bank within the next three to four weeks, is tied to certain performance indicators. These principally include the land tenure and administrative reform programme which seeks to rationalize the sale of land in Dominica…customs reform targeting the amount of time it takes to clear goods at the customs and increasing the efficiencies of the registry.

    Source: Dominica Central News


    Link Read more
    Link EU Delegation to the Dominican Republic [ES]
    Link Eu cooperation with the Dominican Republic


  11. Launch of report on renewable energies’ role in fighting climate change
    2011-06-22
    NEWSLETTER_CATEGORIES : Environment

    A special report assessing the potential of renewable energy sources against climate change, to which the JRC has contributed, was launched by the Intergovernmental Panel on Climate Change (IPCC) on Thursday 16 May in Brussels. The paper reviews, through various scenarios, the contribution of six renewable energy technologies in mitigating climate change over the coming decades. It also considers environmental, social and economic impact related to the implementation of these technologies. JRC researcher Arnulf Jaeger-Waldau contributed as a lead author of a chapter on direct solar energy. The other five sources considered in the 1500 page long report are bioneregy, geothermal energy, hydropower, and ocean and wind energy. The report further explored the integration of these energy sources in the current and future energy systems, as well as their role in sustainable development. Finally, authors analysed the mitigation potential of the renewable energies, their growth and cost.

    Source: European Commission


    Link Read more
    Link IPCC
    Link Climate change conference in Durban


  12. G20 Agriculture: 5 priorities to end food crises
    2011-06-22
    NEWSLETTER_CATEGORIES : Rural development, Food Security, Archive

    On June 22 and 23, the G20 Agriculture Ministers will meet in Paris to make progress on key issues such as reducing commodity price volatility, limiting financial speculation and establishing a global action plan against food crises. According to Olivier De Schutter, five priorities may give this G20 summit a vital role in improving long-term global food security. Will they be endorsed and implemented?

    Source: Olivier de Schutter, UN Special Rapporteur on the Right to Food


    Link Read more
    Link French G20 presidency
    Link The CAP Reform and its impact in the global South


  13. The Netherlands encourage developing countries to help returning nationals
    2011-06-22
    NEWSLETTER_CATEGORIES : Archive

    The Netherlands will pay more attention to the fact that governments of developing countries contribute their share to help returning nationals. These are aliens who are not allowed to stay in the Netherlands after an unsuccessful application for asylum or after illegal residence. This is the decision of the Council of Ministers following a proposal by State Secretary Knapen (Development) and Minister Leers (Immigration and Asylum). The Netherlands have set aside 9 million EUR per year to help developing countries in matters of migration and development. If a developing country refuses to cooperate, this could have consequences for bilateral cooperation and the development relationship with the government. The government wants to help former asylum seekers who voluntarily return to their country build a new life. This can be done through the attribution of money, but it can also be achieved through training or help to find work. The Netherlands and other European countries want to work towards the creation of adequate shelter facilities in countries of origin and towards an effective tracing of underage migrants’ relatives. Former asylum seekers who do not go back voluntarily, can be forced to leave. It is important that the countries of origin support this by issuing temporary travel documents. In the European context, the Netherlands want to work on combating illegal migration and promote the safe return of migrants to their own region. For the period 2011-2013, Brussels has earmarked 179 million EUR for migration and development in developing countries. The Netherlands will urge that funds remain available beyond 2013 to assist developing countries in the return of migrants.

    Source: Dutch Foreign Affairs Ministry


    Link Read more [NL]
    Link Commission: Migration and Asylum
    Link Migration: EU cooperation with third countries


  14. Belizean fisheries faces European embargo
    2011-06-22
    NEWSLETTER_CATEGORIES : Regional Fisheries

    A news report form Panama says that the European Commission is warning of sanctions to be implemented against Belize, Panama, Honduras, and the West African nation of Togo. That's because the commission says those countries are not cooperating in the effort to combat illegal fishing. The European Commission said it is committed to implementing the embargo on imports of seafood products from countries that it calls 'uncooperative' in the effort at combating illegal fishing. The problem it seems, lies with Belize's high seas fishing fleet, 128 Belize registered vessels. The EU has taken the position that Belize is unable to effectively control or monitor that fleet - and that this country should close it down. Director of Fisheries in Belize Beverly Wade told us that the issue came to the fore last week when the EU Commission met with fisheries minister Rene Montero. She says Belize has not been given anything formally - and it has not been provided with any basis for the classification. But, the embargo does not take effect until the end of September - so there are remedial measures that Belize should be able to take before then. The EU has given a deadline of the end of July for a formal response from the government of Belize. Domestically not much fisheries products are exported to the EU - but there are shrimp farms that export to that market. And if Belize is blacklisted by that trading block there is the possibility that others could follow.

    Source: 7newsbelize.com


    Link Read more
    Link EU Fisheries: Zero tolerance campaign
    Link EU cooperation with Belize


  15. German development cooperation to focus more on private sector
    2011-06-21
    NEWSLETTER_CATEGORIES : Aid effectiveness, ACP-EU Trade, Rural development

    German foreign minister Westerwelle and the state secretary for development cooperation, Hans-Jürgen Beerfeltz, presented the first development plan for Africa in Berlin. “It is a historic day,” said Beerfeltz. For more than 20 years, attempts have been made to produce such a conception, but it always remained a draft. […] The development plan lists six key areas of shared values and interests: peace and security; good governance; economy; climate and environment; energy and raw materials as well as development, education and research. In a short speech, state secretary Beerfeltz said that the African lions were soon to take over from the Asian tigers. Success stories like mobile banking showed this very well. The two biggest mobile banking services in Kenya and East Africa by now reach 12 million and 10 million customers respectively. It is a central objective of the German ministry for development cooperation to increasingly use the potential of the private sector, said Beerfeltz: “We are in favour of self-supporting development. We want a strong private sector – which we are ready to support – to earn the money which is needed for achievement of the millennium development goals (MDG).”

    Source: BMZ


    Link Read more [DE]
    Link Read development plan
    Link German development cooperation in EU framework


  16. EU resumes full development cooperation with Niger
    2011-06-21
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Aid effectiveness

    The Council confirmed today that the EU is fully resuming development cooperation with the Republic of Niger, following the country’s successful democratic transition and return to constitutional order (11266/11). "I am very satisfied with the return to democracy in Niger, through a very successful process of transition," said Catherine Ashton, High Representative for EU Foreign Affairs and Security Policy. She assured the newly elected authorities that the EU is determined to support their efforts to overcome the challenges they face, in particular regarding security and development issues.

    EU development cooperation with Niger was suspended in 2009 after former President Mamadou Tandja unconstitutionally attempted to remain in office beyond his second term. The EU considered this as well as the subsequent military coup in February 2010 a breach of democracy and the rule of law, essential elements of the Cotonou Agreement between EU and ACP states. Niger’s return to democracy was supported by a gradual resumption of EU cooperation. With the investiture of Mahamadou Issoufou as new president in April, the country has completed its democratic transition and fulfilled all commitments made during consultations with the EU. Today’s Foreign Affairs Council therefore confirmed full resumption of EU development cooperation with Niger.

    The European Commission welcomed today’s announcement: "On top of the ongoing support to Niger's economic stability, food security and transport infrastructure, today's decision will allow helping the country facing the new challenges of development and security in the Northern region. Most cooperation projects that were suspended have already been resumed and the procedures for approving new projects amounting to € 87 million are in very advanced stage", said Andris Piebalgs, EU Commissioner for Development. He added that Niger had also become eligible for the EU’s Millennium Development Goals Initiative, focusing on the welfare of the poorest people.


    Link Read more
    Link The President of Niger
    Link High Representative Catherine Ashton


  17. Foreign Affairs Council ready to give assistance, provided that fighting stops in Sudan
    2011-06-21
    NEWSLETTER_CATEGORIES : Aid effectiveness, Food Security

    The Foreign Affairs Council of the EU is alarmed by recent violence and subsequent displacement of civilians in South Sudan. Failure to stop hostilities, Foreign Ministers say, will have a practical impact on the engagement of the international community in Sudan. In particular, the Council condemns the fact that north-south roads have been blocked, causing food and fuel shortages in the South, and calls for immediate access to be restored through all routes. To help citizens throughout Sudan, the EU commits to the continued provision of needs-based humanitarian assistance to vulnerable populations. In this context, ministers also pledge to step up the EU’s political dialogue with Sudan and establish a regular and comprehensive political dialogue with the Government of South Sudan. EU Member States, they state, are actively examining possible support for an international debt relief effort for Sudan through the IMF, the World Bank and the Paris Club, consistent with tangible political progress in Sudan. The Council agrees to follow a comprehensive EU approach to Sudan and, from 9 July 2011, to South Sudan. To this end, the EU will:

    • continue to support poverty reduction efforts by both governments;
    • assist the development of accountable, transparent and efficient government in both states based on respect for human rights and fundamental freedoms and the rule of law;
    • contribute to the effective co-ordination of international support, including through a state

    Source: Council of Ministers


    Link Read more
    Link EU Relations with Sudan
    Link Commission: DEVCO


  18. ActionAid: New food crisis one bad harvest away
    2011-06-21
    NEWSLETTER_CATEGORIES : Food Security

    The international charity ActionAid warned G20 ministers that the world is one bad harvest from a recurrence of the 2008 food crisis. It urged Agriculture Ministers meeting in Paris this week to take urgent action to stabilise food prices, including slashing biofuel production and mobilising a system of regional food reserves to help buffer the worst hit. High oil prices, an increase in biofuel production, commodity speculation and a lack of political leadership means that as many as 34 million people are at risk around the world from poverty and hunger if prices continue to rise. With countries like the U.S. imposing biofuel mandates that are steering 40% of its corn crop to producing biofuels instead of feeding people, and the European Union massively increasing its biofuels demand under new targets, the era of food surpluses is over. The ministers must act now to reverse the targets and financial incentives that are driving biofuel production.

    Source: ActionAid


    Link Read more
    Link Read the ActionAid report
    Link Bold action needed now from G20


  19. The Commission presents policy orientations for the Rio+20 Conference
    2011-06-20
    NEWSLETTER_CATEGORIES : Rural development, Environment, Food Security

    On 20 June, the European Commission adopted a Communication preparing the ground for the EU's position at the Rio+20 UN Sustainable Development Conference, which will be held in Rio de Janeiro in June 2012. The Communication outlines objectives and specific actions on the two inter-linked themes of the Conference: enabling the transition to a green economy in the context of sustainable development and poverty eradication, and ensuring better governance for sustainable development. Environment Commissioner Janez Potočnik and Development Commissioner Andris Piebalgs presented the Communication jointly, marking an important link between environment and development. [...] Andris Piebalgs said "Developing countries are the first affected by climate change and degradation of the environment. Floods, drought, and earthquakes are the most visible effects. They put at risk the economic and social development we strive to trigger through our assistance. Rio+20 is the opportunity to secure political commitment to improve the well-being of millions of people. We need to shift towards a green economy that will help us achieve sustainable growth which benefit to all citizens." The Communication maps out the "what, how and who" of a transition to a green economy, proposing specific actions that could be implemented at the international, national and regional levels.

    Source: European Commission


    Link Read more
    Link Read the communication
    Link Rio+20 Earth Summit


  20. EU countries put brakes on transport emissions goal
    2011-06-20
    NEWSLETTER_CATEGORIES : Environment

    A proposed objective to cut the EU's transport emissions by 60% by 2050 was considered "too ambitious" by a majority of the bloc's transport ministers, who stressed that the goal should remain aspirational. Meeting in Luxembourg on 16 June, the EU's 27 transport ministers cautioned that the European Commission's proposals, outlined in March this year, should not disadvantage European companies compared with their competitors in Asia or the US.

    Source: Euractiv


    Link Read more
    Link Read the Council conclusions
    Link Energy firms face new efficiency regime


  21. Brussels in disarray over energy directive
    2011-06-20
    NEWSLETTER_CATEGORIES : Environment, Rural development

    Peter Vis, the chief of staff of EU Climate Commissioner Connie Hedegaard, has broken with protocol to warn that the European Commission's draft Energy Efficiency Directive could "undermine" the bloc's carbon market. It is extremely rare for Commission officials to comment on draft EU laws. But staff in the climate department are privately fuming that new efficiency regulations, due on 22 June, would apply not just to buildings and vehicles, but industrial sectors already covered by the EU's emissions trading scheme (ETS), which puts a price on carbon by placing a limit on CO2 emissions.

    Source: Euractiv


    Link Read more
    Link Energy efficiency directive
    Link Commission: Energy Efficiency Plan


  22. G20 agriculture ministerial meeting
    2011-06-20
    NEWSLETTER_CATEGORIES : ACP-EU Trade, Rural development, Food Security, Archive

    The Council endorsed draft EU guidelines for the G20 agriculture ministerial meeting of 23 June 2011. These guidelines set out the priorities for the EU as a whole and its members at the G 20 agricultural ministerial meeting which will take place on 23 June in Paris and will decide, on the basis of proposals in a report prepared by 10 international organisations, on an action plan to be endorsed by the heads of state. […] The EU will seek to:

    • increase agricultural production in the long run in order to match increased demand;
    • improve market information and transparency in order to increase predictability for governments and economic operators;
    • improve international coordination (for instance on trade, crisis prevention and management or other policies) in order to enhance confidence in international markets;
    • help develop innovative risk management tools in order to cope with price crises if they occur;
    • improve the functioning of agricultural commodities derivatives markets for consideration by
    • G20 finance ministers.

    The work will focus mainly on grain markets (wheat, rice, corn and soya bean) because they are key commodities for food security.

    Source: Council of Ministers


    Link Read more
    Link Food prices top G-20 farm ministers agenda
    Link French G20 Presidency


  23. €60m EIB loan for regional investment in West Africa
    2011-06-20
    NEWSLETTER_CATEGORIES : Rural development

    The European Investment Bank, the European Union’s long-term lending institution, has formally agreed to provide a EUR 60 million loan to enhance public and private sector operations by the West African Development Bank (BOAD). Finance contracts for the project were signed at the European Investment Bank headquarters in Luxembourg by Philippe Maystadt, President of the European Investment Bank and Christian Adovelande, President of the West African Development Bank. The European Investment Bank funding will focus on supporting regional projects that promote economic integration in West Africa, including environmental schemes or renewable energy. The West African Development Bank is the development finance institution of the West African Economic Monetary Union (WEAMU), with operations in eight West African member states Benin, Burkina Faso, Ivory Coast, Niger, Senegal, Togo, Mali and Guinea-Bissau.

    Source: EIB


    Link Read more
    Link West African Development Bank
    Link EIB projects in ACP countries



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