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Monday, July 14, 2008

 

Myanmar takes step to
ensure sufficient rice supply

 
YANGON: Myanmar’s biggest business organization has taken some steps to ensure sufficient rice supply at home, initiating inter-agreements with traders in four rice- producing divisions and state for the move, a local weekly reported Sunday.

The rice traders, who signed the agreements with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on the normal rice supply within the country, were from Yangon, Mandalay and Magway divisions and Kachin state, The Voice said, quoting the UMFCCI.

The signing would also help block smuggling of rice to border areas, the report said.

According to official statistics, in the fiscal year of 2007 to 2008 which ended in March, Myanmar grew 8.1 million hectares of paddy, generating 30.02 million tons of rice.

The country’s per capita rice consumption stands at 510 kilograms (kg) per year for rural people, and at 408kg for urban people. The annual consumption of rice by the entire country reached over 17 million tons.

Myanmar’s principal crops are paddy, beans and pulses, oil crops, cotton, sugarcane and culinary crops.
-- Xinhua

   

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