Thursday, June 23, 2011

G20 to include market regulation in farm deal

PARIS: G20 agriculture ministers have agreed to include the divisive issue of reforming food commodity markets regulation in the final communique for their meeting in Paris, a source attending the negotiations said on Thursday.

"There is a deal on regulation, including a reference on position limits," the source told Reuters as ministers continued to discuss France's action plan to curb food price volatility.

France, which heads the Group of 20 leading economies in 2011, is keen to crown agreement on areas like data transparency and policy coordination with firm proposals for regulating commodity derivatives, but partners like Britain had so far remained opposed to stringent controls on financial markets.
source-economic times
steven
management trainee-fundamental analysis
DENIP consultants Pvt Ltd

No comments:

Post a Comment