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KUALA LUMPUR, Oct 7 (Reuters) - Southeast Asian countries have agreed to prioritise helping each other overcome rice supply shortages and other food-related problems, Malaysia state news agency Bernama reported, citing the agricultural minister. The Association of Southeast Asian Nations (ASEAN) reached the agreement at a meeting in Kuala Lumpur this week, Agriculture and Food Security Minister Mohamad Sabu said on Friday, according to the agency. "ASEAN collaboration means if we face rice issues, ASEAN member countries will give priority to ASEAN nations first," he said. Malaysia, which imports about 38% of its rice needs, is among several countries affected by top exporters like India restricting shipments. Prime Minister Anwar Ibrahim warned of legal action against anyone found hoarding rice, to prevent consumers from stockpiling local grains.
Persons: Bernama, Mohamad Sabu, Mohamad, Anwar Ibrahim, Danial Azhar, William Mallard Organizations: The Association of Southeast Asian Nations, ASEAN, Food Security, Monday, Thomson Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Agriculture, ASEAN, Vietnam, Cambodia, Thailand, India
To secure egg supplies as prices rose to record highs, Malaysia's Minister of Agriculture and Food Security Mohamad Sabu visited Namakkal, in the southern Indian state of Tamil Nadu, where several leading hatcheries are based. India shipped 5 million eggs to Malaysia in December, and will ship 10 million in January and up to 15 million in February, according Kumar. The imports from India have helped Malaysia bring prices down from the record highs seen in late December. Having suffered a shortfall of 157 million eggs in November, the market gap was down to just one million in December, the Malaysian minister said in a statement earlier this week. Meantime, prices in India have shot up to a record 565 rupees ($6.96) per 100 eggs.
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