Shipment of rice: Myanmar rice to be shipped to Bangladesh

As agriculture and livestock are the backbone of Myanmar’s economy, it earns foreign currencies from rice exports beyond self-sufficiency.

The State is supporting the stockholders including farmers and investors in order to bring about business opportunities. According to the Memorandum of Understanding between Myanmar and Bangladesh regarding rice trade, 200,000 tonnes of white rice from Myanmar will be exported to Bangladesh.

A total of 2,650 tonnes of rice are to be directly shipped by the MV MCL-7 for the first time from the Ayeyawady International Industrial Port AIIP in Pathein Industrial City, Ayeyawady Region to Bangladesh. Bangladesh and Myanmar officials signed a sales contract on 8 September in order for exporting 200,000 tonnes of Myanmar’s white rice to Bangladesh.

About 30,000-50,000 tonnes of rice are scheduled to be sent to Bangladesh from the Pathein Port. On 28 October, the loading of 2,650 tonnes of Emahta rice (5% broken) onto the ship heading for Bangladesh commenced.

The loading process of 2,650 tonnes of rice will be completed on 31 October and the MV MCL-7 will leave for Bangladesh through the AIIP. More ships will arrive and depart at the Port. It is the direct export of local products from Ayeyawady Region.

Myanmar’s rice exports to the neighbouring countries can enhance the livelihood of the farmers and create business opportunities for the related businesses driven by rice exports. This achievement in Pathein city can also strengthen the tripartite relationship between the State, farmers and entrepreneurs for ensuring the sustainable market and export promotion.