1/17/13

Haiti: Quick facts regarding rice farming, IMF, World Bank and Arkansas



"Since 1995, when it dropped its import tariffs on rice from 50 to 3 percent as part of a structural adjustment program run by the International Monetary Fund (IMF) and World Bank, Haiti has steadily increased its imports of rice from the north. Today it is the fifth-largest importer of American rice in the world despite having a population of just 10 million. Much of Haiti's rice comes from Arkansas; each year, Riceland Foods and Producers Rice Mill send millions of tons of rice down the Mississippi river on barges to New Orleans, where the rice is loaded onto container ships, taken to port in Haiti, and packaged as popular brands such as Tchaco or Mega Rice. Haiti today imports over 80 percent of its rice from the United States, making it a critical market for farmers in Arkansas." Subsidizing Starvation - By Maura R. O’Connor | Foreign Policy http://ht.ly/gUtvN

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