June 29, 2017

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Myanmar set to become major rice exporter

A farmer harvests rice in centarl Myanmar. Photo: Aye Min Soe
A farmer harvests rice in centarl Myanmar. Photo: Aye Min Soe

Myanmar promises to become a major rice exporting country, an industry expert said on Sunday.
Myanmar is gearing up to reach the top place in exporting the rice to the world market to be able to beat top exporters Vietnam and Thailand.
But the country needs to make a sustained effort to manufacture rice of a high quality to be able to penetrate the international markets, especially the EU market, said Professor Vo Tong Xuan.
Myanmar is targeting Kuwait as its rice buyer and is also making attempts to be able to export rice to the Middle East and Africa, he added.
Myanmar is now expanding its market to penetrate the markets of Australia, Ukraine, Bangladesh, Malaysia, Singapore, South Africa and India.—200

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