In Thailand, a government price-support program has led rice exports to fall by twenty percent, to less than eight million tons. The program keeps Thai rice export prices above market prices. As a result, the FAO says, exporters like Australia, India and Vietnam have captured a larger market share.
Ms. Calpe notes that Burma could become a major exporter of rice. Many Western governments have eased trade restrictions on Burma recently because of its efforts at political and economic reform. Foreign investment and increased productivity in Cambodia also might help that country export more rice.
And that’s the VOA Special English Agriculture Report. To read, listen to and learn English with our stories, go to VOASpecialEnglish.com. You can also find captioned videos of our program at the VOA Learning English channel on YouTube. I'm Jim Tedder.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25