Thailand seeks rice price pact with Vietnam with main aim to boost 'bargaining power'


BANGKOK, May 29 (Reuters): Thailand and Vietnam are in talks on a pact to raise the price of their rice exports to increase their leverage in the global market and improve farmer incomes, a Thai government official has announced.

Agriculture officials from Thailand and Vietnam, the world's second and third biggest rice exporters, met in Bangkok on Friday to discuss joint measures to support their farmers and rice industries and manage growing production costs.

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Thailand , Rice , Pact , Vietnam , Bargaining Power

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