6/23/2008

Europe should rethink its position on biotech crop cultivation if it intends to help address soaring food prices and the availability of food for the poor, Nestle Chairman Peter Brabeck said in an interview with the Financial Times. The region's opposition to biotech crops has pressured some African countries into taking the same stance, which is not necessarily helpful for their agriculture or supplies, Brabeck said. EU External Trade Commissioner Peter Mandelson said Africa made a decision on its own to safeguard its interests in the EU market, where most of its agricultural exports are sold.

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