Building Food Security in Asia through International Agreements on Rice Reserves

Published By: Asian Development Bank Institute (ADBI) | Published Date: August, 08 , 2018

The policy brief aims to mitigate the impact of natural disasters on food security, ASEAN established a rice reserve on 4 October 1979. The rice reserve was developed to alleviate poverty and to eradicate malnourishment in the region without distorting normal trade in the global market. The first five ASEAN members signed the AFSR Agreement creating the ASEAN Emergency Rice Reserve (AERR). The AFSR Agreement entered into force—that is, became legally binding—on 24 July 1980 (Article IX.3).

Author(s): Asian Development Bank Institute | Posted on: Aug 10, 2018 | Views() | Download (152)

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