1 lakh mts rice import proposal to be placed before cabinet body Wednesday

The Food Ministry’s proposal to import 1 lakh metric tonnes white rice(Atop) from Myanmar will be placed before the Cabinet Economic Affairs Committee for its consideration on Wednesday.


If the Economic Affairs Committee approves the proposal, it will be placed in the Cabinet Purchase Committee meeting for final approval.


The proposal will be placed as part of a 5-year memorandum of understanding (MOU) signed with Myanmar.


The MOU was signed during Food Minister Qamrul Islam’s visit to Myanmar on September 7 under which Dhaka can annually import maximum 300,000 mts from Naypyidaw under government-to-government arrangement.


Meanwhile, a Food Ministry’s official document shows that the government is importing rice at a price of $442 per mt from India, at $440 from Vietnam and  $405 from Pakistan.


The document also reveals that the country’s present stock of rice is 358,000 mts and wheat 107,000 mts.


It mentioned that as follow-up of Food Minister’s Myanmar visit, an 11-member delegation of Myanmar came to Bangladesh on September 17 and held meeting with a high-level committee, which was formed comprising representatives of different ministries.

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