December 15, 2016

Breaking News

Insufficient Rice

exports to China fall short of commitments

Paddy cultivations work in a field in Bago. Photo: Aye Min Soe
Paddy cultivations work in a field in Bago. Photo: Aye Min Soe

MYANMAR and China signed an MoU in March 2015 requiring Myanmar to officially export 100,000 tonnes of rice to China that year, but only 3,000 tonnes of rice were ultimately exported, according to Myanmar Rice Federation.
Myanmar began exporting rice to China in June 2015, but exports halted between 5 September and 15 October after Myanmar was hit by severe floods. Rice producers are directed to sell same portions of their yield for crops domestic consumption.
“We’ve only been able to export about 3,000 tonnes of rice [by the end of 2015]. We are currently planning to export an additional 5,000 tonnes,” said U Nay Lin Zin, the general secretary of the Myanmar Rice Federation.
The MoU between Myanmar and China does not impose a time limit, he added.
Current high prices of locally grown rice have led the Ministry of Commerce, the Myanmar Rice Federation and the Myanmar Rice Mill Entrepreneurs Association to discuss the prospect
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