1 Amendments of Nirj DEVA related to 2012/2059(DEC)
Amendment 3 #
Draft opinion
Paragraph 4
Paragraph 4
4. Notes that after the 2008 food crisis, which severely affected different sub- Saharan African countries, food prices have gradually returned to similar levels and that volatility and speculation are likely to continue; calls on the Commission to elaborate response strategies for different contingencies, making any relevant proposals; calls on the Commission to also take note of the fact that the gradually rising food prices is part of a marked, long-term upward trend, rather than a short-term shock and consequently, it requires a longer-term holistic strategy directly linked to the broader development goals; takes the view that a Food Facility should be included in the 2014-2020 MFF; believes that financial speculation exacerbates food price volatility and that it is therefore also necessary to take effective action against such speculation, for instance, through regulation and control of derivative markets;