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Russia proposes grain summit within G8

Russia proposes grain summit within G8

© 2008 RosBusinessConsulting

The leaders of the Group of Eight (G8) countries have agreed to form specialized funds that could help solve the problem of the food crisis, Russian President Dmitry Medvedev told journalists today. He pointed out that Russia had suggested that talks between the agriculture ministers of the G8 countries should be organized, and that a special session, the so-called 'grain summit,' should be held to discuss the reasons and consequences of a rise or stabilization in grain prices for the food market. Medvedev also noted that the leaders of the G8 countries had already agreed to take multi-lateral steps in order to influence the food crisis and gradually start using second generation biofuel.

 

Date:  08.07.2008


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