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BRIC countries agree food security strategy

Brazil, Russia, India and China agreed to combat hunger and boost efforts to promote food security, according to a strategy signed by the countries' agriculture ministers in Moscow.
1 April 2010
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Brazil, Russia, India and China agreed to combat hunger and boost efforts to promote food security, according to a strategy signed by the countries' agriculture ministers in Moscow on Friday. The talks were stalled in 2008 over disagreements between developed and developing countries on measures that would allow poorer countries to levy tariffs on certain agricultural goods.

The countries, known collectively as BRIC, agreed to establish an agricultural information database that would help countries compute supply and demand and establish grain reserves. The four agriculture ministers also made signs of boosting trade within the group and agreed to reduce the effects of global climate change on food security and cooperate in the field of agricultural technology and innovation.

The countries are home to 42 percent of the world's population and 32 percent of its arable land. Combined, the BRIC countries produce about 40 percent of the world's wheat and 50 percent of its pork.

http://www.themoscowtimes.com/business/article/bric-countries-agree-food-security-strategy/402663.html

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