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China takes out $100m food safety loan

20-May-2010

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The World Bank is to lend China $100m in a bid to improve food safety in the country as it recognised the government had made food safety a top priority.

The loan will fund 70 per cent of an initiative to boost the safety of agricultural products in the Jilin province of China. This is the bank’s largest ever grant for a food safety project and this first it has financed in the country.

The scheme, the Jilin Agricultural Product Quality and Safety Project, will help develop new standards for good agricultural practices – including cultivation methods, and appropriate use of veterinary medicines and pesticides.

Eligible private enterprises or farmers associations will receive small loans from the project to develop and demonstrate models for integrating small-scale farmers into high quality, high value and safe agricultural product chains.

Iain G Shuker, World Bank task manager for the project, said: “Once these approaches have been tested and proven successful, they can be rolled out to other provinces in China.”

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