AreaColombia

Commodity GroupRice

CommodityAll

Date22/11/2018

Policy CategoryProduction

Policy InstrumentProduction support, warehouse receipts programme, trade agreement

DescriptionAnnounced that, in a bid to support the rice sector, the storage incentive programme for 2018 second semester crops would be extended by three months to 31 March 2019. Additional measures would include making funds available to support the construction of irrigation, drying and storage facilities, as well as credit assistance, monitoring prices of imported rice, and referring the sector's request to revisit trade commitments under the Andean Community to the High Council of External Trade.