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 The global rise in food prices is felt acutely in the Asia-Pacific region, with greater impact on net food importing countries. Food prices have increased sharply since 2005 but have surged dramatically since 2007, led by the dairy sector registering an 80% price hike, followed by oil at 50% and grains 42%. In more recent months the price spikes have been more pronounced in grains and oil. In the Philippines, rice price rose to 72% since January this year, while in Pakistan wheat price rose to 66% since January 2007, and the price of rice basmati rose from Rupees 60/kilo in June 2007 to Rs 110/kilogram in May 2008 |
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The Task Force Food Sovereignty (TFFS)* strongly condemns the recommendation of Senators Mar Roxas and Miriam Defensor-Santiago to ratify the highly flawed and unequal Japan- Philippines Economic Partnership Agreement (JPEPA). Inspite of the strong Constitutional and legal arguments against JPEPA and the studies of various groups that will be affected negatively by the agreement, the two Senators chose to hear out and favor the position of Japanese monopoly capital, the Philippine big business and the Arroyo administration. |
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