"Commodities and Raw Materials: challenges and policy responses" conference with the participation of Karel De Gucht
On 14 June 2011, Karel De Gucht, Member of the EC in charge of Trade, took part in the opening of the conference "Commodities and Raw Materials: Challenges and Policy Responses" in Brussels.
Commodities and raw materials are hot topics on the European and global agendas. Whether in agriculture, industry or the energy sector, their pricing and supply are key issues. Many are concerned that prices are too high and volatile; others worry about security of supply. How the prices in commodity markets are set and what is the best way for individual countries and the European Union to guarantee secure supplies? Might high prices actually be beneficial in terms of stimulating increased supply and the development of alternatives? What kind of policy responses might be needed at the EU, G-20, WTO and other international levels? These are some of the questions that this one-day conference addressed. SHOTLIST