Myanmar striving for onion exports to Philippines through G-to-G pact

images sskm
A shopper sorts onions to purchase them at the market in Yangon.

Myanmar has been exerting efforts with the officials concerned to export onion to the Philippines under the government-to-government agreement, according to Myanmar’s commercial attaché in Manila, the Philippines.
A trial shipment will be initially undertaken to assess the onion’s quality to reach a G-to-G agreement. Myanmar Onion, Garlic and Kitchen Crops Producers and Exporters Association and Myanmar Rice Federation are connected with the Philippines International Trade Corporation (PITC) and Bureau of Plant and Industry under the Philippines Department of Agriculture to implement this.
The Philippines is likely to import 21,000 tonnes of onions in December, the Bureau of Plant and Industry notified on 27 November 2023. It will import an adequate volume of onions to avoid a shortage of onions during Christmas and to control the potential price rise. The onion price was up by 10-20 pesos per kilogramme, yet the remaining stocks have been distributed to the market. Subsequently, they will import onions adequately sooner rather than later.
The onions fetch 140-180 pesos in the Philippines. The price will likely decline with an influx of imports in the coming weeks.
The Philippines imports onions from China, India, Australia, South Korea, the Netherlands and New Zealand. There are 168 authorized onion-importing companies in the country. Onions export to the Philippines through the G-to-G pact is the only accessible way for now. — NN/EM

Share this post
Hot News
Hot News
Myanmar showcases Golden Rice in ASEAN traditional foods presentation
YBS instructed to install security cameras by 30 June, action to be taken if they fail to do so
Kyaikto hospital saves pulmonary oedema patient with opaque right lung
Social relief associations prepare for possible natural disasters in early monsoon
CBM, Commerce Ministry, AD banks, UMFCCI discuss foreign banking issues
Cornerstones laid for building convocation of International Theravada Buddhist Missionary University
Thanlyin Bridge 3 promises economic boost, traffic relief for Yangon
Union Health Minister inspects Thanlyin Township People’s Hospital
Farmers in 9 states/regions to receive K12B in loans this FY
Myanmar co-chairs 43rd ASEAN-China Working Group meeting