Breaking News, World News and Taiwan News.
Sponsors
Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.

US, Bill Gates call on rich nations to back poor farmers

WASHINGTON -- Microsoft founder, billionaire and philanthropist Bill Gates joined a top U.S. official Tuesday in urging rich nations to invest in the world's poor farmers to help end hunger — a move he said would also help improve food security.

“Looking at the food prices we've got — at food insecurity and the fact that three-quarters of the world's poorest people live on small farms — and then at the scientific advances that we can make ... it's critical that we get agricultural research up and get food production up,” Gates told reporters on the sidelines of a forum on agriculture in the developing world.

The effort to beat world hunger by funding agricultural development in poor countries is the second biggest program run by the Bill and Melinda Gates Foundation after its global health initiative, Gates said.

He urged the United States and other countries not to make further reductions in agriculture funding.

The call for better funding for agriculture comes as food prices have hit all-time highs, driving more people into poverty.

“In India, wheat prices have soared, even as wheat has seen bumper harvests in the country.

In Indonesia, meanwhile, the rapidly rising price of rice, a staple food product, “means that today, one billion people go to bed hungry every night and 3.5 million children will die of malnutrition, and those numbers are growing,” said Rajiv Shah, administrator of the U.S. Agency for International Development (USAID) said in a speech to the forum.

The Obama administration has pledged US$1.15 billion to promote global food security in the 2011 fiscal year, said Shah.

Most of the money — US$900 million — will be invested in agriculture in 12 African, four Asian and four Latin American countries in USAID's “Feed the Future” program, and another US$100 million has been committed to a multilateral trust fund set up with the World Bank to promote food security.

USAID also has partnered with household-name U.S. companies including Wal-Mart, Pepsi and General Mills to drive agricultural research in developing countries, Shah told the forum convened by the Chicago Council think-tank.

“In Central America, we partnered with Wal-Mart to source fruits and vegetables from small and medium-sized independent farmers to sell in regional markets.

“These links will eventually connect farmers to Wal-Mart's national, regional and global supply chains, creating previously unimaginable sources of demand for their crops and opportunities to scale-up smallholder plots,” Shah said.

The Gates Foundation has allocated US$1.7 billion for agricultural development, with its broad goal being to triple production in Africa and double it in parts of Asia where output is still low.

“If we can get African productivity to even two-thirds of U.S. or European productivity, you'd be tripling African productivity,” Gates said.

“That tripling is achievable over a few years, and what you get with it is more nutrition for the poorest, somewhat lower prices off these highs that we have right now, and that's great for security,” Gates said.

Subscribe to The China Post and save 25%. Click here
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search