Myanmar government projected to export two million tons of rice and broken rice in the current 2020 – 2021 financial year

The Myanmar government aims to achieve the export target of 2 million tons of rice and broken rice in fiscal year (FY) 2020-2021 beginning October, an official from the Ministry of Commerce said Saturday.

"Rice export depends on domestic market price and export demand. Myanmar managed to export around 2 million tons of rice in previous fiscal years," said Myo Thu, director of the ministry's trade promotion department.

Myanmar surpassed its rice export target of 2.5 million tons in last FY 2019-2020, showed data from the Myanmar Rice Federation.

(Mizzima: http://mizzima.com/article/myanmar-aims-export-2-million-tons-rice )

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