BALI, Indonesia (Dec. 13)—Thailand, Indonesia and Malaysia have signed the final agreement forming a consortium to limit natural rubber production and raise world prices. The agreement, which creates the International Tripartite Rubber Organization, calls on the three member nations to cut NR production by 4 percent and exports by 10 percent in 2002 and 2003. Between them Thailand, Indonesia and Malaysia account for nearly 80 percent of the world's natural rubber.
Asian NR producing countries sign agreement
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