Exporting Countries Seeking to Protect Its Rice Production
Rice remains in the news world. The prices of this commodity agriculture grew by 60% so far this year and have risen from U.S. $ 327, which are marketed in May 2007 a metric ton of rice, to U.S. $ 894, price at which is available today in the international market. The steep growth in prices affects not only the importing countries, living an alarming situation of scarce, but also to the exporting countries themselves, who see affected the supply of the domestic market given the breadth of international demand.US economic leaders were developing new strategies designed to strengthen international financial markets in the global economy. While developed countries are seeking to reverse the rise of international agricultural commodities and especially of staple foods, exporting countries, mainly composed of peripheral economies, grouped seeking to cope with the weak without having to renounce the benefit of senior international prices.
In this context, Thailand is the largest exporter of rice worldwide, who proposed the creation of a cartel capable of regulating international rice prices, while ensuring the supply to domestic markets. This will be a society of nations very similar to the Organization of Petroleum exporting countries, to ensure the protection of the interests of the agro-exporting countries of Southeast Asia.
real estate development: Belize Real Estate
- Login to post comments