AreaBilateral/Multilateral

Commodity GroupRice

CommodityAll

Date16/10/2015

Policy CategoryTrade

Policy InstrumentTrade agreement

DescriptionA government-to-government agreement reached between Venezuela and Suriname, under the PetroCaribe framework. Under the accord, Suriname would provide close to 100 000 tonnes of rice to Venezuela annually, as payment for its oil arrears. Details of the agreement were to be finalised through subsequent official exchanges.