Turkish premier addresses G-20 session on energy, environment, agriculture

CANNES (A.A) - November 4, 2011 - Turkish Prime Minister Recep Tayyip Erdogan on Friday delivered a speech at a session in a G-20 summit meeting in Cannes over energy, environment and agriculture. "Fluctuations in food prices constitute a major obstacle before production and efficiency increase in the agricultural sector. And to prevent those fluctuations we need to take urgent steps that include effective mechanisms for crisis management and agricultural policies that avoid protectionism," Erdogan said. Erdogan said fluctuations in prices of goods had negative effects on food safety, inflation, current account deficit and growth, adding that Turkey attached great importance to prevent it. "Together with France, we hosted in Istanbul an international conference on preventing fluctuations in the prices of goods and discussed at length the development of markets, reasons of fluctuations, regulation and supervision of derivative markets,"  Erdogan said.