Thailand calls for a rice cartelTha

Thailand calls for a rice cartel
Thailand wants to form an Opec-style rice cartel to give it more control over international rice prices.
The world's biggest rice exporter plans to talk to Laos, Burma, Cambodia and Vietnam about co-operating on prices.
Rice prices have tripled so far this year with countries such as India and Vietnam restricting their exports.
A Thai government spokesman confirmed that the cartel idea had been discussed in talks between the prime ministers of Thailand and Burma on Wednesday.