A dinner party marking the successful export of high-quality rice to Bangladesh was held in Nay Pyi Taw yesterday.
The event was attended by Union Ministers Dr Kan Zaw, U Maung Maung Ohn, U Hla Moe and U Aung Naing Oo, Deputy Ministers U Kyaw Myo Htut, Daw Than Than Lin, Dr Aung Gyi and U Nyunt Aung, permanent secretaries, chairpersons of the Myanmar Rice Federation, Myanmar Rice Miller Association, Myanmar Rice and Paddy Traders Association, vice-chairpersons, executive members, entrepreneurs and invitees.
During the ceremony, Union Minister for Commerce U Aung Naing Oo said Myanmar and Bangladesh signed an MoU on rice trade under the G-to-G pact. The country exported 100,000 tonnes of rice in 2017 for the first time, 100,000 tonnes in 2021 for the second time and 200,000 tonnes for the third time with the cooperation of the government and private organizations.
The two countries signed a five-year agreement from 2022 to 2027 on rice trade.
Then, Permanent Secretary Honorable Md Ismiel Hossail of the Ministry of Food of Bangladesh made a speech via the video clip and Myanmar Rice Federation Chairman U Ye Min Aung also remarked.
Afterwards, all attendees had dinner together.
The State Administration Council provided export subsidies of K30 billion last year and K79 billion this year. — MNA/KTZH
