Bangladesh. Deal with Thailand this month to import rice


The government is set to sign an agreement with Thailand in the second week of this month (August) to import rice from the Southeast Asian country, officials said.

The ministry of food (MoF) will ink the memorandum of understanding (MoU) with Thailand to import the main staple aiming to keep its prices stable on the local market.

The MoF has already finalised the draft of the MoU on rice import from Thailand, according to sources at the state-run Directorate General of Food.  

"We will sign an MoU with Thailand on rice import at the 4th Bangladesh-Thailand joint trade committee (JTC) meeting next month (August)," a high official of the MoF told the FF on Monday.

He, however, did not disclose the amount of rice to be imported from Thailand, but hinted that the amount might be around 0.2 million tonnes.      

Bangladesh commerce minister Tofail Ahmed and Thai commerce minister Apiradi Tantraporn will lead their respective sides at the JTC meeting which will kick off in Dhaka on August 09.

Bangladesh food minister Md Qamrul Islam and Thai commerce minister Apiradi Tantraporn will sign the MoU at the meeting on August 10 on behalf of their respective sides.

Earlier, the Directorate General of Food under the food ministry had set a target to import 0.6 million tonnes of rice from different countries.

Under the move, import of 250,000 tonnes of rice from Vietnam is now under way.

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