Myanmar to deliver over 20,000 tonnes of white rice 5% to Bangladesh

LOCAL NEWS

Myanmar will export more than 20,000 tonnes of long-grain white rice with five per cent broken to Bangladesh, according to the Ministry of Commerce.
The MV VTC Ocean which is currently docking at Sule terminal in Yangon Port will deliver 21,300 tonnes of white rice with five per cent broken to Bangladesh.
The shipment happens according to the Memorandum of Understanding between the Myanmar and Bangladeshi governments. The Myanmar Rice Federation (MRF) managed this rice export to Bangladesh under the guidance of the Ministry of Commerce.
In 2022, MRF and the Directorate General of Food of Bangladesh’s Ministry of Food signed the MoU to buy 250,000 tonnes of long-grain white rice with five per cent broken from Myanmar. The shipment by the MV VTC Ocean is the first batch of this plan.
Additionally, the G-to-G MoU between Myanmar and Bangladesh was inked on 7 September 2017 as well. Bangladesh has agreed to buy 250,000 tonnes of white rice and 50,000 tonnes of parboiled rice from Myanmar between September 2017 and September 2022.
Myanmar sent 100,000 tonnes of rice to Bangladesh each in 2017 for the first time and in 2021 for the second time, as per the sales contract.
For the third time, Bangladesh’s Directorate General of Food and MRF signed a sales contract on 8 September in order for 200,000 tonnes of Myanmar’s white rice to be exported to Bangladesh.
The MoU signed in 2017 expired this year. Therefore, the ministers from both countries are attempting to extend that MoU for the next five years. — NN/GNLM

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