Myanmar Rice Federation, Rice Wholesales Market (Muse) and Rice Merchants Association jointly urged the stakeholders to fully comply with China’s Regulations on the Management of Pesticides

Myanmar Rice Federation, Rice Wholesales Market (Muse), and Rice Merchants Association jointly issued an announcement urging all the stakeholders to fully comply with China’s Regulations on the Management of Pesticides.

The announcement highlighted the need to follow the bilateral contracts with China and procedures in exporting rice to China.

As of now, Myanmar has sent information of 43 companies that will export rice to China, and eleven companies that have been approved by China in 2014 will be allowed to export rice to China.

The above mentioned 43 companies have proposed 33 warehouses in Yangon Region, 26 warehouses in Ayeyarwaddy Region, 12 warehouses in Bago Region, three in Mandalay Region and Naypyidaw Region, and each in Sagaing Region and Magway Region, to be used in storing rice to export China. However, they will first need to be approved by China before storing rice to export.

The eleven companies will be issued Phytosanitary Certificate after China Certification & Inspection Group (CCIC) has conducted an inspection on wholegrain rice and broken rice in the Muse trade zone.

Myanmar Rice Federation will negotiate with the Ministry of Commerce to export rice through the sea route if exporting rice through the border trade route is difficult in acquiring approval from Chinese authorities.

Myanmar will export 150,000 tons of rice in May as the country has ample rice supply and kept enough reserve in case of urgent rice demand, accord to the Myanmar Rice Federation.

The Ministry of Commerce and Myanmar Rice Federation have discussed the matter and are planning to export rice to neighboring countries under the government to the government purchasing system.

The country will export whole grain rice, broken rice, and sticky rice. 100,000 tons of rice will be exported through sea route by 112 companies and 50,000 tons via border trade route by 200 companies.

It will start exporting rice in May and expects to export 2 million in 2019-2020 fiscal year, according to Myanmar Rice Federation. The federation will consult with the government on the matter of exporting rice amid the Covid-19 outbreak and is planning to buy rice from farmers at a reasonable price as the farmers are now harvesting summer-grown rice.

The country consumes 70 percent of its rice production while 20 percent are exported and 10 percent is kept as a reserve.

(Myanmar Business Today: https://mmbiztoday.com/myanmar-rice-export-to-china/ )

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