"But as I indicated before, we must utilize all of the appropriate tools in our toolbox - and modern agricultural technologies will play a critical role. Developing countries should look at improved seeds for crops that are drought tolerant or disease resistant. Agricultural biotechnology - with and without genetic engineering - is a powerful tool that can be used to boost agricultural productivity and build prosperity among the rural poor.
"Emerging technologies holds the promise of creating crops that better tolerate drought, toxicity, disease and salinity....Because of its vast potential, it is essential that developing countries around the world develop consistent and science-based regulatory processes governing biotechnology. Regulatory decisions must be based on science and not fear. The biggest costs of not taking advantage of this safe, accessible, productivity-enhancing technology are borne not by the world's affluent consumers, but by the world's poorest farmers ...
"In short, a critical step towards global food security will be achieving a more efficient global market that is based on established international rules that reduce barriers, reduce costs, and increase reliability of trading systems.
"In the months and years ahead, it is incumbent on both the
"In the coming years and decades we must give the world's poor a reason for hope by tackling food security with a renewed commitment to agricultural development. The world's economic and political stability, and the prosperity of our two nations, depends on how well we meet this challenge."