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Thailand to issue $1bn bonds to help cut rubber supply

Funds will compensate farmers and support prices, says agriculture minister

Thailand is the world's biggest rubber producing country and the agriculture ministry is trying to make the industry more sustainable (Getty Images)

BANGKOK -- The Thai government plans to issue bonds to raise roughly 30 billion baht ($963 million) to fund projects aimed at cutting an oversupply of rubber and to prop up the price of the commodity.

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