Abstract

This paper outlines the kind of international arrangements which would be needed to fulfil the objectives of the UNCTAD Integrated Programme for Commodities with respect to basic foodstuffs, especially cereals. The treatment of the various issues demonstrates the importance of extensive international cooperation in order to attain a solution to the world food problem. At present, cereals are excluded from the Integrated Programme and the paper suggests that the International Wheat Council take appropriate action in the spirit of the Programme's objectives. The paper also treats the question of the role of stocks in market stabilization and the possible solutions to the problems of improving access to markets and achieving reliability of supply of food commodities. The author emphasizes that these economic measures would reinforce the positive effects of technical and financial assistance for food production in LDCs.

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