FACTBOX: Countries curb food exports to secure supplies

Tue Apr 29, 2008 8:43am EDT
 
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PARIS - Faced with surging commodities prices, an increasing number of countries have imposed curbs on food exports in a bid to secure supplies and limit inflation.

Here is a list of some, with links to recent stories:

INDIA

India, the world's second-largest rice exporter after Thailand, will impose an export tax on basmati rice exports as part of a raft of measures to tame inflation and secure food supplies.

India had already banned exports of non-basmati rice and scrapped import duties on crude edible oils.

VIETNAM

Vietnam, the third-largest world rice exporter, has extended a ban on rice sales until June to help stabilize domestic food prices and tame double-digit inflation.

INDONESIA

Southeast Asia's largest rice consumer, will curb medium-grade rice exports in an effort to combat inflation.

BRAZIL

Brazil temporarily suspended rice exports to safeguard domestic supply and keep prices of the basic foodstuff stable.

EGYPT

The government banned rice exports from April 1 to October because the high price of other grains, especially wheat, has pushed up domestic demand for rice.

CAMBODIA

Cambodia announced a two-month ban on rice exports, the latest producer nation to impose restrictions on overseas sales.

PAKISTAN  Continued...

 

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