Singapore and Vietnam sign agreement on sustainable and stable rice trade

Source: channelnewsasia.com A memorandum of cooperation on rice trade was signed on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Week. In the joint press release, the relevant ministries of the two countries stated that the memorandum of cooperation lays a solid foundation for promoting stable and sustainable rice trade. This will help enhance bilateral food security by avoiding unnecessary trade restrictions. The agreement was signed by Minister for Sustainability and the Environment and Minister in charge of Trade Relations, Grace Fu, and Minister of Industry and Trade of Vietnam, Nguyen Hong Dien. Ms. Fu said: "This is Singapore's first cooperation memorandum on rice trade ...