Friday, April 30, 2010

South East Asian emergency rice reserve closer

The East Asia Emergency Rice Reserve Pilot Project, was used to help disaster victims in Cambodia, Indonesia and Burma as well as for malnourishment eradication programs in Cambodia and Indonesia. [Reuters]

Friday, April 30, 2010
ABC Radio Australia

A group of 10 South East Asian nations is close to realizing their goal of establishing an emergency rice reserve to ensure food security in the face of sudden instabilities in supply and production.

Japan's Kyodo news agency quotes official sources saying agricultural and forestry ministers from 13 countries aim to sign the agreement when they meet in October in Cambodia.

It will be the first time for the region to have a permanent mechanism for an emergency rice reserve and stock based on cooperation among the 10 members of the Association of Southeast Asian Nations and the three Northeast Asian countries, Japan, China and South Korea.

A Japanese initiated project, the East Asia Emergency Rice Reserve Pilot Project, started in 2004 and ended in February this year.

It was used to help disaster victims in Cambodia, Indonesia and Burma as well as for malnourishment eradication programs in Cambodia and Indonesia.

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