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G8: 2008 Summit

My Lords, I thank the noble Baroness for repeating the Statement and for letting us know about the proposal from the G8 to invest $10 billion on improving food security and agricultural productivity. Could she tell the House whether there is a practical programme attached to spending that money and what form it would take? It is all very well for us to say that a successful Doha round will reduce food prices—it might do so in Europe—but for the countries that will benefit from increased trade, it will increase food prices for a large part of the world.