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Indonesia to import Vietnamese rice to curb price hikes

Indonesia will import 500,000 tonnes of rice from Vietnam and Thailand to contain rice price hikes and a declining supply in the local market, said Indonesian Minister of Trade Enggartiasto Lukita. The type of imported rice will be of premium quality, using varieties not grown in Indonesia, so it will not harm local farmers or rice production, Lukita said on January 12. The country’s ...

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