Asian Rice Trade Fund

Fonds asiatique pour la commercialisation du riz
Fondo Asiatico para la Comercialización del Arroz

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History

26 Mar 1973, Bangkok (Thailand), on signature of an agreement which entered into force 1 Dec 1974; an amendment adopted 10 Jan 1979 came into force on 15 Dec 1981. Statutes registered in 'UNTS 1/13679'. No recent activity reported since 1993.

Aims

Promote intraregional trade in rice among developing countries which are members of the Fund. To this end: (i) undertake or arrange financing and refinancing facilities for rice sales transactions between members involving deferred payments, up to 5 years or on such terms as may from time to time be specified in the rules; the period for refinancing may be extended should resources available so justify; (ii) perform other activities necessary for furtherance of such financing; (iii) initiate other schemes for cooperation in the field of intraregional trade in rice.

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Activities

Borrows money required for operations; charges 1 percent on each transaction refinanced by the Fund, shared equally between buyer and seller.

Structure

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Members

Members in 5 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Plant Life
    • Cereals
  • Commerce
    • Funds
    • Trade

UN Sustainable Development Goals **

UIA Org ID

F0400

Last News Received

5. Mar 1993
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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