Ministry of Commerce plans to submit the outcome of the meeting on pulses industry development to the Union Government to update the current conditions and requirements of Myanmar’s pulses market

Suggestions regarding Myanmar’s pulses, beans and sesame seeds production and export development will be submitted to the Union Government, said U Toe Aung Myint, permanent secretary of the Ministry of Commerce.
He mentioned that at the workshop for development of the pulses industry, organized by Myanmar Pulses, Beans and Sesame Seeds Merchants Association and Yangon Region Chambers of Commerce and Industry (Bayintnaung commodity depot), at the Union of Myanmar Federation of Chambers of Commerce and Industry office on 18 August.
“We will report the outcome of the meeting to the Union Government, submitting the requirements faced by the pulses industry”, said U Toe Aung Myint.
The workshop aims to realize the current condition of Myanmar’s pulses market, especially mung beans and pigeon peas to all stakeholders in the supply chain, including pulse growers, merchants and related organizations. Future plan for pulse production and selecting more profitable crops for farmers as substitution for mung beans and pigeon peas were also discussed, according to Myanmar Pulses, Beans and Sesame Seeds Merchants Association.
“We have a plan to turn to other crops. But there is still no firm market share for those crops.
Growers realize this. We only expect benefits”, said U Ko Gyi, a mung bean grower from Bago Region. The government is releasing information regarding pulse import policy changes by foreign countries, global market climate and export market conditions in cooperation with related organizations and depots. Vice President U Henry Van Thio has urged related ministries and region and state governments to cooperate in future activities of various pulse production and other substitution crops selection.
About 1 to 1.2 million tons of mung beans, pigeon peas and green grams are yearly exported to foreign countries, with an income of US$1 billion. Mung bean and pigeon pea markets were drastically battered by Inida’s pulse import policy changes in August 2017.
Fiscal Year 2017-2018 saw export volume of over 1 million tons of them, but export value was worth only $713 million as prices are much lower than previous years, said Dr. Than Myint, Union Minister for Commerce.

(Global New Light of Myanmar: http://www.globalnewlightofmyanmar.com/meeting-outcome-for-pulses-industry-development-to-be-reported-to-authorities/ )

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