AreaUruguay

Commodity GroupRice

CommodityAll

Date01/04/2014

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionAnnounced that it would open a USD 40 million trust fund in support of the rice sector. The fund is expected to assist 582 producers to repay debts and finance productive activities. It will be financed through a 2 percent tax on rice exports, starting from 1 April 2014.