Sub-Committee on World Food Problems

Subcommittee on European Regional Problems

Sub-Commission on Illicit Drug Traffic and Related Matters in the Near and Middle East

Sub-Commission on Illicit Drug Traffic and Related Matters in the Near and Middle East

NATO the Soviet Union and Out-of-Area Problems Sub-committee

Annual HICP inflation in the Czech Republic increased above the euro-area inflation in 2012, largely due to an increase in the lower VAT rate while higher energy and food prices in global commodity markets were also passed through into consumer prices.

28. Considers that a targeted global system of decentralised regional and local food stocks (both emergency stocks to reduce hunger and regional stocks to be used to regulate commodity prices and to ease hunger in times of price spikes) would be beneficial, helping to facilitate world trade when price spikes occur, warding off recurring protectionism and easing the pressure on world food markets; considers that these stocks should be managed on the most appropriate levels, including by local, regional and national authorities and a coordination body under the aegis of the United Nations‘ FAO, making full use of the experience gathered b ...[+++]y the FAO and the UN World Food Programme;

36. Considers, therefore, that a targeted global system of food stocks (both emergency stocks to reduce hunger and stocks to be used to regulate commodity prices) would be beneficial, helping to facilitate world trade when price spikes occur, warding off recurring protectionism and easing the pressure on world food markets; considers that these stocks should be managed by a common body under the aegis of the United Nations, or by the FAO, and make full use of the experience amassed by the FAO and the UN World Food Programme; calls on the Commission as a matter of urgency to study and report to Parliament on the most effective way to ac ...[+++]hieve this; further calls on the Commission to play a leading role in advocating this targeted global food-stock system;

36. Considers, therefore, that a targeted global system of food stocks (both emergency stocks to reduce hunger and stocks to be used to regulate commodity prices) would be beneficial, helping to facilitate world trade when price spikes occur, warding off recurring protectionism and easing the pressure on world food markets; considers that these stocks should be managed by a common body under the aegis of the United Nations, or by the FAO, and make full use of the experience amassed by the FAO and the UN World Food Programme; calls on the Commission as a matter of urgency to study and report to Parliament on the most effective way to ac ...[+++]hieve this; further calls on the Commission to play a leading role in advocating this targeted global food-stock system;