Emmanuel Macron Says Blockchain’s Role In EU Agricultural Policies Could Benefit Europe

French President, Emmanuel Macron recently addressed the 56th International Agricultural Fair in Paris this past week where as per Agridigitale, he spoke about many different things from African population growth to blockchain technology and the EU’s strategy for competitive agricultural practices. But what’s really interesting is how these  seemingly different issues are related to each other.

Macron laid out France and the European Union’s combined goal of boosting their own agricultural power and economy by setting their sights towards a largely unexplored African market that according to him, will become a great opportunity to claim for the EU. 

In the report, he states that, “This demographic challenge is a challenge for the African continent, a challenge for Europe because our destinies are linked, it is a challenge for our agriculture, it is an opportunity if we are to seize it.”

The president identified the importance of an agriculture based economy for the African populace, while failing to realize that not all African nations are solely agricultural not to mention the entire debate that millions of Africans starve as their agricultural output is sent off to the west. But, let’s not get into that rn.

Nonetheless, the President outlined how blockchain technology could be used to develop systems that can help solve major issues regarding supply chain traceability and sustainability. Both of which are what blockchain can help increase.

Regarding which President Macron very enthusiastically states, “Let’s do this in Europe, (be at) the vanguard of agricultural data by developing tools that will track every product from raw material production to packaging, processing and processing.”

He further adds, “Agriculture will be a pillar not only of the maintenance of Africa but of its success and its ability to provide a future for (the) African youth to develop, to feed itself. Education and health constitute the third pillar of this strategy of development shared with Africa that we must lead.” He also stated that France and the EU hoped to play a vital role to “develop sustainable and profitable agricultural value chains in Africa.”

Here, one must stop for a second and wonder whether Africa needs any more intervention by European nations and if this claim of “shared development” is just another guise to reattain a colonial past gone by.

Let’s hope shared economic gains and greater benefits to the local economy are really what the EU is after. Stay tuned to space for more!

Komal Zaheer

Writer. Procrastinator. Bra Burning Feminazi. Likes to make people laugh. Student of Journalism.

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