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Thailand Plans OPEC-Style 'Rice Cartel'

PM wants to control market with neighbors, including Burma

By Jason Farago,  Newser Staff

Posted May 1, 2008 9:54 AM CDT

(Newser) – The prime minister of Thailand is exploring the idea of setting up a rice price-fixing cartel with four other governments in southeast Asia, including the military dictatorship of Burma. The Bangkok Post reports that Samak Sundaravej wants to establish an OPEC-style collective of producers that...   Read full story »

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