ISLAMABAD: In a bid to seek to serve as a platform for promoting coherent and coordinated policy actions on rice trade, a two-day Asian Rice Trade Forum will be kicked off from June 19,2012 in Cambodia.
The theme of the Forum is managing the risks of extreme rice price volatility caused by policy shocks and supply distortions brought about by climate change, through coherent and coordinated policy actions.
The Forum is convened, on a pilot basis, by the ASEAN Food Security Reserve Board (AFSRB), in coordination with the ASEAN Secretariat and the Asian Development Bank (ADB).
ADB's technical assistance on food security of the Association of Southeast Asian Nations (ASEAN) provides financial support for the ASEAN Rice Trade Forum.
The forum will share and analyze rice market information identified areas of cooperation and policy coordination to mitigate or avoid extreme rice price volatility determined long-term and strategic policy reforms for the sustained development of regional rice trade tested and discussed the business processes and arrangements involved in organizing a rice trade forum.