Obama turns to private sector to feed world’s poor
Friday, May 18, 2012
WASHINGTON — US President Barack Obama on Friday reached out to the private sector in hopes of lifting 50 million people in the developing world from poverty, as wealthy nations grapple with a budget crunch.
Ahead of talks of the Group of Eight major industrial nations, Obama pledged that the United States will keep providing emergency aid to feed the world’s hungry but announced a partnership with companies to increase crop yields.
“As president, I consider this a moral imperative. As the wealthiest nation on earth, I believe the United States has a moral obligation to lead the fight against hunger and malnutrition and to partner with others,” Obama said.
“We’ll stay focused on clear goals — boosting farmers’ incomes and over the next decade helping 50 million men, women and children lift themselves out of poverty,” Obama told a symposium in Washington.