Asean acts over rice prices
By John Aglionby in Jakarta
Published: May 4 2008 15:51 | Last updated: May 4 2008 15:51
South-east Asian nations agreed at the weekend to co-operate more closely to stabilise regional rice prices and on measures to boost productivity in how the staple was grown, harvested and distributed, Indonesia’s trade minister said.
Mari Pangestu told the Financial Times after a meeting of economic ministers from the Association of South-East Asian Nations (Asean) in Bali that the members would now operate in ways that should prevent rice prices from continuing their climb of the past four months.
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