Rice trade agreements

Rice trade agreements are international pacts that regulate the import and export of rice between countries. These agreements aim to ensure fair trade practices, stabilize prices, and manage supply and demand. They may include tariffs, quotas, and standards for quality. Countries enter these agreements to protect their farmers, secure food supplies, and enhance their economies. For example, major rice-producing countries might collaborate to avoid overproduction or agree on prices to support farmers' incomes. Ultimately, these agreements help balance the global rice market and ensure food security for nations reliant on rice as a staple food.