India, ASEAN to look at ways to address food price volatility

To address the issue of volatility in food prices, India and ASEAN countries will share their expertise to boost their food security planning activities. The issue was discussed at the 11th India-ASEAN Summit held here on Thursday. Sultan of Brunei Haji Hassanal Bolkiah, who chaired the Summit, in a statement said ASEAN leaders welcomed India's 'Look East Policy' within the framework of their strategic partnership.

‘We took note of the enhancement and strengthening of co-operation on food security through the widening of food production base and exchange of expertise between ASEAN and India to enhance resilience in food security planning to address price volatility of food commodities,’ he said.