MILAN (Reuters) - Building strategic agricultural stocks to curb market volatility, as proposed by France, is not the most effective way to tame food prices, EU Development Commissioner Andris Piebalgs said on Monday.
"I believe it is one of the instruments but it is not the most effective," Piebalgs told Reuters in an interview on the sidelines of an international cooperation conference in Milan.
"The answer to food insecurity is sufficient food production in the world's poorest regions," he said, adding that increasing investments in agriculture was the best way to keep a lid on prices.
