"With global rice prices at record highs, Indonesia is stepping up border patrols and taking additional measures to deter rice smuggling to other countries, Trade minister Mari Elka Panestu said in an interview. ... Indonesia, a nation of 230 million, situated just to the south of the Phillipines, is one of the few places where production is increasing. ... But Indonesia, like many other Asian nations where rice is a staple food for millions of people, wants to build up stockpiles rather than export surpluses. Indonesia's trade ministry has issued a decree banning private traders from exporting rice, allowing only the nation's food agency to do so. It now fears smuggling and is cooperating with the police and navy to control the nation's porous borders. ... Indonesian President Susilo Bambang Yudhoyono ... said ... the government would remain vigilant in its effort to stamp out smuggling. ... But while global prices have spiked--...Indonesia's rice price has fallen below the global average", WSJ, 26 April 2008.
Angara has this knocked. I wonder if Henry Paulson, our Treasury Secretary could understand Angara's words. Has mankind learned anything in the last 4,000 years? See my 13 November 2007 post.