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a new study released by the Common Fund for Commodities at an international forum on biofuels held recently in Kuala Lumpur. “Fundamentally, there is a link between poverty reduction and biofuels sector development that can be promoted,” said Ambassador Ali Mchumo, the managing director of the Common Fund in Amsterdam.
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Food prices were going up, he said, because people in developing countries like China, India and Brazil itself were simply eating more as their economic conditions improved.
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