Vietnam and Philippines to sign rice pact as global prices soar


HANOI (Reuters): The governments of Vietnam and the Philippines will soon sign a pact on rice trade to ensure food security, Vietnamese authorities has announced.

The deal comes amid soaring rice prices in the Philippines, buoying inflation at a time of rising fuel prices, although the government says local supply of the grain is ample.

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Vietnam , Philippines , Rice Pact , Rising , Global Prices

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