Tuesday, 29 April 2008

Cambodia and Thailand pledge big rice exports

ABC News
Tuesday, 29/04/2008

Cambodia has announced plans to become one of the world's major rice exporters, and is hoping to reach an export target of some eight million tonnes.

Cambodia's ambitions to increase exports follows Sunday's announcement by Thai Prime Minister Samak Sundaravej that his country won't cut down on rice exports.

The International Rice Research Institute in the Philippines welcomed the initiatives by both governments, and says such moves could help quell the panic that's gripped the international rice market.

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