Brussels (Reuters) - strategic food stocks may play a role in the protection of country poor or dependent on the import of shocks sudden supply in the future, the head of the programme of the United Nations world food (WFP), said Thursday.
Some experts believe that these stocks could help avoid a repeat of the riots food deadly seen in 2007 and 2008 in the country, including Mozambique and Haiti, the rise in prices left many poorUnable to obtain enough food importing countries.
The WFP requested to prepare a report on how contributing food stocks could help avoid incidents similar to the future, that it is due currently Ministers to the farm of the Group of 20 economies in Paris at the end of June.
"We do not believe that it is a viable proposal." Like any insurance system, it is a small investment of time - perhaps 45 days, 60 days - so that other options may be sought, "Executive Director of WFP Josette Sheeran, said in an interview."
"One thing we have to remember is that most of the nations that can afford keep as a food supply so that they do in a shortage of food, especially for an import-dependent nation.""," Sheeran said Reuters in Brussels.
These stocks would be used only to provide a solution to short-term disruptions in supply, and not in response to a rise in prices, she said.
"There are other ways to help countries meet their balance of payments, or their need for power have funding options". It is really to be able to deal with what we saw in 2008, which was some Nations with an absolute lack of supply. ?
NO IMPACT ON THE MARKET
Sheeran rejected the argument advanced by some opponents of the idea of strategic food stocks would distort prices and global trade in food.
"The type of systems that we have developed the concept of are so (negligible) in terms of total agricultural supply, the world no doubt less than 0.01% of the food.".
"We believe it is important to structure these in a way which is not prejudicial to the markets, really not designed to affect markets," she said.
A key issue, that the WFP requested to take into account in its report was the geographic requirements for possible actions and Sheeran said that there was a strong case for a regional approach.
"You will need to examine the gaps," she said. "Would not make sense in our analysis necessarily for all Nations to go it alone." It really makes sense to do so in partnership with a region. ?
(Edited by Dale Hudson)
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