China will be among the 11 countries that will attend a crucial rubber conference in Sri Lanka this week, which will decide the future for 92 percent of natural rubber suppliers in the world, an official statement said here on Monday.
The sixth Annual Rubber Conference of the Association of Natural Rubber Producing Countries (ANRPC) will open on Tuesday, 8th October in Sri Lanka under the patronage of Economic Development Minister Basil Rajapaksa.
The ANRPC, an inter-governmental organization comprises of 11 countries — Cambodia, China, India, Indonesia, Malaysia, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
These 11 countries account for about 92 percent of the global production of natural rubber.
The annual event organized by the government in collaboration with the Ministry of Plantation Industries will be held from Oct. 8 to Oct. 13 in Colombo.
Along with the Annual Rubber Conference, the General Assembly and the committee meetings of the ANRPC will also be held in Sri Lanka during the same time.
“Around 200 private and public sector representatives from Sri Lanka will participate in this annual conference,” the statement added.
The conference with the theme “Sustainable NR Economy: Where Do We Stand?” will provide an international meeting point and an ideal platform for meaningful interactions and networking among rubber industry players, policy makers, researchers, and commodity analysts across countries, organizers say.
The conference will include presentations on trends in global Natural Rubber demand, the outlook for physical rubber trading in China and the outlook for the Natural Rubber future markets.
Source: globaltimes.cn
