Depending on to the Government-to-Government pact between Myanmar and Bangladesh, Myanmar has conveyed over 165,000 tonnes of white rice to Bangladesh, according to the Ministry of Commerce. Myanmar and Bangladesh inked a Memorandum of Understanding (MoU) on rice trade on 8 September this year.
As stated by this MoU, Bangladesh has agreed to buy 250,000 tonnes of white rice and 50,000 tonnes of parboiled rice from Myanmar between 2022 and 2027.
Following the MoU, Bangladesh’s Directorate General of Food and Myanmar Rice Federation signed a sales contract for 200,000 tonnes of Myanmar’s white rice (five per cent broken) to be exported to Bangladesh.
According to the sales contract, Myanmar has exported over 165,000 tonnes of white rice to Bangladesh as of 2 January 2022. The remaining will be delivered by the deadline.
As per the MoU between Myanmar and Bangladesh on the rice trade, 48 companies, under the supervision of the Myanmar Rice Federation, are to export 200,000 tonnes of rice to Bangladesh with Chinese yuan payment between October 2022 and January 2023. See detailed more the following link… https://www.gnlm.com.mm/myanmar-ships-over-165000-tonnes-of-rice-to-bangladesh-under-g-to-g-pact/
Author: NN/EMM
Source: The Global New light of Myanmar
Published date: 7.1.2023
January 10, 2023
