While the export of rice and broken rice by sea and border routes is slowing down, the Myanmar Rice Federation has announced that rice and broken rice exporters using cargo flights will not have to undergo pre-license cargo Inspection.
From 1 December 2023, only 50 percent of storage will be inspected for the volume applied for in the export license, instead of 100pecent, said the announcement.
There is no requirement of pre-license cargo inspection for export license applications under 260 tonnes and this statement will take effect as of 1 December till 31 December, in order to support micro, small, medium enterprises (MSME) and small and medium enterprises (SME), it said.
Rice and broken rice export is expected to reach 2million tonnes in 2023-2024 financial year, but the country has received US$271million from 583,683 tonnes of export in the first six months of the year, down 50percent compared to the same period last year, according to MRF. MT/ZS
