G-20 announces measures to stabilize food prices
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The largest economies in the world agreed Thursday to a series of measures to stabilize world food prices after sudden fluctuations caused global instability, especially in poorer countries.
French Agriculture Minister Bruno Le Maire said the G-20 summit of agriculture ministers had agreed to calm the world market by establishing a transparent system to track global supplies, set up emergency food reserves, engage in more research into new wheat strains and create a rapid response mechanism to deal with drought in producer countries. (AP)
