G2G deals in Q4 to boost rice exports 

G2G deals in Q4 to boost rice exports 
By   PETCHANET PRATRUANGKRAI 
THE NATION 
 

BANGKOK: -- THE COMMERCE Ministry’s Foreign Trade Department expects rice exports to reach 9 million tonnes next year, while this year they will surge beyond 9.5 million tonnes thanks to government-to-government contracts fulfilled in the final quarter.

Duangporn Rodphaya, director-general of the department, said rice exports should continue to grow steadily as |many countries had shown strong interest in importing more rice before the |New Year.

“Countries that want to import rice under G2G contracts include Malaysia, the Philippines, Indonesia and China,” she said, adding that China would negotiate for a second 1-million-tonne lot of rice imports in the near future.

Full story: http://www.nationmultimedia.com/news/business/macroeconomics/30300208

 

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