A farmer harvests rice by a paddy field outside Hanoi, Vietnam. A pact between Thailand and Vietnam to raise rice prices would be “impossible”, a top Thai industry official said on Monday. Photo: Reuters
Viability of Thailand, Vietnam rice price hike plan questioned without India’s participation
- India, the world’s largest rice exporter accounts for about 40 per cent of global supply, and sells the commodity at a cheaper price than Vietnam and Thailand
- Viability of pact between Thailand and Vietnam is being questioned by a top Thai official, amplifying opposition to a government-proposed plan for a rice cartel
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A farmer harvests rice by a paddy field outside Hanoi, Vietnam. A pact between Thailand and Vietnam to raise rice prices would be “impossible”, a top Thai industry official said on Monday. Photo: Reuters
