V4 farm ministers oppose unfair business practices of supermarket chains
Agricultural ministers of the Visegrad Four countries – Hungary, Czech Republic, Poland and Slovakia – along with their counterparts from Slovenia, Romania and Bulgaria backed a joint statement against the unfair business practices exercised by supermarket chains, at a meeting in Bratislava yesterday, Hungarian news agency MTI reported.
The ministers called upon the European Commission to provide a regulatory framework by the end of 2015 that would prevent supermarket chains from abusing their market position and pressuring farmers to lower their prices, savings which are often not passed on to the consumer, according to Hungarian farm minister Sándor Fazekas. The meeting participants also discussed how to simplify the EU’s common agricultural policy and addressed a draft agreement on sustainable forestry management.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.