Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Malaysia seeks assurances of rice supplies from Thailand



By JULIA ZAPPEI, AP
24 April 2008 @ 09:37 am ET

KUALA LUMPUR, Malaysia - Malaysia sought assurances from Thailand, the world's largest rice exporter, on Thursday that it will continue to supply the grain amid worries over shortages and sharply rising prices.

Related Topic

Get stories by e-mail on this topic.

E-mail:

Malaysian Foreign Minister Rais Yatim said rice supply was a key issue in a meeting between Thai Prime Minister Samak Sundaravej and his Malaysian counterpart, Abdullah Ahmad Badawi.

The leaders discussed "how to strengthen our cooperation to ensure food security in the region," Samak told a joint news conference after the talks.

Samak did not elaborate. Rais said Malaysia wanted "a proper neighborly arrangement" because it obtains about 540,000 tons of rice each year from Thailand about 60 percent of its total rice imports.

"As long as (that amount) is not shifted, it's good enough to start with," Rais said.

Thai authorities have said there are no plans to restrict the country's rice exports. Thailand produces about 22 million tons of milled rice annually and exports about 10 million tons.

World rice prices have risen sharply this year because of growing demand and poor weather conditions in some rice-producing countries.

Malaysia last week announced a blueprint to boost domestic food security by growing rice on a massive scale in a state on Borneo island. The $1.3 billion allocated for the plan will also be used to increase cultivation of fruits and vegetables.

Malaysia currently relies on imports for 30 percent to 35 percent of its rice consumption.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Politics & Policy
Anti-G8 demonstrators clashed briefly with Italian police on Saturday in the first big protest ahead of next week's summit of the world's richest nations...
Search crews have located a large piece of debris from a Yemeni jet that crashed into the Indian Ocean off the Comoros islands last week and are working ...
U.N. chief Ban Ki-moon rebuked Myanmar's generals on Saturday for denying him a visit to see detained opposition leader Aung San Suu Kyi and said she sho...

Advertisement
Press Release Distribution - IBwire

Effective and Affordable Press Release Distribution Service

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives