International trade is part of the solution to the global food crisis and not one of its causes, the head of the WTO said on Sunday.
Global integration represented by trade enabled food to be transported from where it could be produced efficiently to where there was demand, Director-General Pascal Lamy said.
Geography meant many countries — Egypt, for example — could never be self-sufficient in food, he said in a speech prepared for an International Food and Agricultural Trade Policy Council conference in Salzburg, Austria.
“International trade was not the source of last year’s food crisis,” Lamy said. “If anything, international trade has reduced the price of food over the years through greater competition, and enhanced consumer purchasing power.”
Sharp rises in food prices in 2007 and last year led to riots in many countries over food shortages. Prices have since come off their peaks but many experts argued agricultural trade exacerbated the problem and was not in the interest of poor farmers or consumers in poor countries.
Lamy said Olivier De Schutter, the UN special rapporteur on the right to food, had condemned an excessive reliance on trade in the pursuit of food security, while some farmers’ groups had also called for greater self-sufficiency.
Trade could not be behind the volatility in food prices, as agriculture accounts for less than 10 percent of world trade, while only 25 percent of world farm output is traded globally, compared with 50 percent of industrial goods, Lamy said.
“To suggest that less trade and greater self-sufficiency are the solutions to food security would be to argue that trade was itself to blame for the crisis,” he said.
Developing countries were becoming more competitive in farm trade, with agricultural exports from developing to developed countries rising 11 percent a year between 2000 and 2007, faster than the 9 percent growth in trade in the other direction.
The share of personal incomes spent on food in the poorest countries was declining, he said.
‘ABUSE OF POWER’: Lee Chun-yi allegedly used a Control Yuan vehicle to transport his dog to a pet grooming salon and take his wife to restaurants, media reports said Control Yuan Secretary-General Lee Chun-yi (李俊俋) resigned on Sunday night, admitting that he had misused a government vehicle, as reported by the media. Control Yuan Vice President Lee Hung-chun (李鴻鈞) yesterday apologized to the public over the issue. The watchdog body would follow up on similar accusations made by the Chinese Nationalist Party (KMT) and would investigate the alleged misuse of government vehicles by three other Control Yuan members: Su Li-chiung (蘇麗瓊), Lin Yu-jung (林郁容) and Wang Jung-chang (王榮璋), Lee Hung-chun said. Lee Chun-yi in a statement apologized for using a Control Yuan vehicle to transport his dog to a
EUROPEAN TARGETS: The planned Munich center would support TSMC’s European customers to design high-performance, energy-efficient chips, an executive said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday said that it plans to launch a new research-and-development (R&D) center in Munich, Germany, next quarter to assist customers with chip design. TSMC Europe president Paul de Bot made the announcement during a technology symposium in Amsterdam on Tuesday, the chipmaker said. The new Munich center would be the firm’s first chip designing center in Europe, it said. The chipmaker has set up a major R&D center at its base of operations in Hsinchu and plans to create a new one in the US to provide services for major US customers,
BEIJING’S ‘PAWN’: ‘We, as Chinese, should never forget our roots, history, culture,’ Want Want Holdings general manager Tsai Wang-ting said at a summit in China The Mainland Affairs Council (MAC) yesterday condemned Want Want China Times Media Group (旺旺中時媒體集團) for making comments at the Cross-Strait Chinese Culture Summit that it said have damaged Taiwan’s sovereignty, adding that it would investigate if the group had colluded with China in the matter and contravened cross-strait regulations. The council issued a statement after Want Want Holdings (旺旺集團有限公司) general manager Tsai Wang-ting (蔡旺庭), the third son of the group’s founder, Tsai Eng-meng (蔡衍明), said at the summit last week that the group originated in “Chinese Taiwan,” and has developed and prospered in “the motherland.” “We, as Chinese, should never
‘A SURVIVAL QUESTION’: US officials have been urging the opposition KMT and TPP not to block defense spending, especially the special defense budget, an official said The US plans to ramp up weapons sales to Taiwan to a level exceeding US President Donald Trump’s first term as part of an effort to deter China as it intensifies military pressure on the nation, two US officials said on condition of anonymity. If US arms sales do accelerate, it could ease worries about the extent of Trump’s commitment to Taiwan. It would also add new friction to the tense US-China relationship. The officials said they expect US approvals for weapons sales to Taiwan over the next four years to surpass those in Trump’s first term, with one of them saying