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Asia cleans up commodities industry with transparent trading

Initiatives trace product origins in bid to tackle deforestation and corruption

LAUSANNE, Switzerland/TOKYO -- Moves to improve transparency in commodities trading are spreading in Asia as resource-exporting countries make efforts to tackle deforestation and corruption.

Japanese trading house Itochu has acquired a 19% stake in HeveaConnect, a Singaporean company that runs a marketplace for sustainable natural rubber used in tires. The trading platform is scheduled to begin operation this month.

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