MRF suggests mitigating Coronavirus-affected rice sector

LOCAL NEWS

By Nyein Nyein

Myanmar Rice Federation (MRF) has made a six-point suggestion to the government to mitigate the impact over the rice sector and to heal the repercussions caused by the Covid-19 outbreak and spread, according to MRF.
MRF has held its management committee special meeting on 2 April 2020 attended by the chairperson, the vice-chairpersons, the general secretary and the committee members.
MRF has suggested the following six points to the government: to store the rice while reserving the export quota starting from 20 April 2020 onwards; to coordinate with the governmental departments in order to ensure the convenient and smooth process for the traders; to export the rice via Yangon or border routes and for the big players as well as for the small and medium enterprises (SMEs) businessmen; to help the stability of the local market, and to timely distribute the rice to the areas in need.
They also suggest making arrangements by the government to enable them to store and purchase the rice in April and May so as to ensure the stability of the price and market condition as well as to keep the rice reserved.
They suggest for the rice traders to coordinate with the government in planning the promotion of the local market demand for the farmers to get reasonable profit in summer paddy yielding season. They also suggest calling for the peasant rights protection and promotion group and agricultural production management team to announce the basic rice price K550,000 per 100 baskets during the outbreak of Covid-19.
Additionally, MRF suggests for the government to grant the loans to the rice millers, traders, and exporters to enable them to store and purchase paddy and rice because the outbreak of Covid-19 can have a negative impact on the export, milling, and trading sectors.
At the end of the meeting, the federation patron expressed thanks to donors, MRF, and traders.  (Translated by Hay Mar)

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