Bangladesh to import rice from Thailand

Dhaka,  Tue,  19 September 2017
Published : 10 Aug 2017, 17:15:27 | Updated : 10 Aug 2017, 21:53:47

Bangladesh to import 1.0m tonnes of rice from Thailand

MoU signed on Thursday
Bangladesh to import rice from Thailand
FE Online Report
Bangladesh will be able to import up to one million tonnes of rice from Thailand in next five years.

To this end, a memorandum of understanding (MoU) was signed on Thursday.

Through the signing of this MoU Bangladesh can now import rice from Thailand until the year 2021 as per need of time.

Bangladesh Food Minister Qamrul Islam and Thai Commerce Minister Apiradi Tantrapirn signed the MoU on behalf of respective governments before a ministerial level meeting of Joint Trade Committee in the afternoon.

Commerce Minister Tofail Ahmed also present during the signing ceremony.

After the signing ceremony, the food minister told the press that import of rice is necessary as there may be shortage of rice production this year due to natural disaster.

Bangladesh usually produces around 35 million tonnes of rice every year. But due to natural calamities, the production could not meet the target this year, he said.

As a result the government has started importing rice from Vietnam and will also import from Thailand through negotiations to ensure interest of each other.

The Thai minister also expressed her happiness after signing the MoU and is hopeful about the success of new export target set by the two countries in JTC.

Editor : A.H.M Moazzem Hossain
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