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                    [Title] => SEA countries to raise rice stockpile
                    [Summary] => Southeast Asian countries have agreed to broadly increase the region’s strategic stockpile starting next year.


Philippine Agriculture Secretary Leonardo Montemayor said the agreement was reached by all the agriculture ministers from the 10-member Association of Southeast Nations (ASEAN), plus China, Japan and South Korea who met for the annual agriculture and forestry ministers’ meeting last week in Vientiane, Laos.


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                    [Title] => Government airs concern over Asian rice cartel
                    [Summary] => The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC).


"This is alarming. Any attempt to cartelize will be a concern especially for countries that import rice. Prices will not only rise but access will also be limited," said Agriculture Secretary Leonardo Montemayor.


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NATIONAL FOOD AUTHORITY DEPUTY ADMINISTRATOR GREGORIO TAN JR.

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                    [Title] => SEA countries to raise rice stockpile
                    [Summary] => Southeast Asian countries have agreed to broadly increase the region’s strategic stockpile starting next year.


Philippine Agriculture Secretary Leonardo Montemayor said the agreement was reached by all the agriculture ministers from the 10-member Association of Southeast Nations (ASEAN), plus China, Japan and South Korea who met for the annual agriculture and forestry ministers’ meeting last week in Vientiane, Laos.


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                    [Title] => Government airs concern over Asian rice cartel
                    [Summary] => The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC).


"This is alarming. Any attempt to cartelize will be a concern especially for countries that import rice. Prices will not only rise but access will also be limited," said Agriculture Secretary Leonardo Montemayor.


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abtest

SEA countries to raise rice stockpile

By Rocel Felix | October 16, 2002 - 12:00am

Southeast Asian countries have agreed to broadly increase the region’s strategic stockpile starting next year. Philippine Agriculture Secretary Leonardo Montemayor said the agreement was reached by all the...

Business

Government airs concern over Asian rice cartel

By Rocel Felix | October 8, 2002 - 12:00am

The government has expressed concern about attempts by some major Asian rice producers to form a rice cartel whose function will be similar to the powerful Organization of Petroleum Exporting Countries (OPEC). "This...

Business