AreaThailand

Commodity GroupRice

CommodityAll

Date01/11/2012

Policy CategoryTrade

Policy InstrumentTrade promotion

DescriptionMinisterial proposals to enhance rice trade cooperation with four other ASEAN nations (Cambodia, Lao PDR, Myanmar and Vietnam) approved by the Thai Cabinet. The initiative is geared at preventing international rice prices from falling below profitable levels and envisages the establishment of rice trade zones along bordering areas.