Controversy over Thai capital grains plan
Rice exporters say plan to boost farmers’ income could drive up global costs of staple food.
Published On 22 Sep 2011
Thailand is planning to boost the income of millions of farmers by subsidising rice prices.
However, the policy could also significantly drive up global costs of the dietary staple since Thai rice accounts for a massive percentage of international trade.
Al Jazeera’s Aela Callan reports from Bangkok, where Thai rice exporters complain that higher prices could cause them to lose their competitive edge over other countries in the region.
Source: Al Jazeera