The Manila Times

Metro

  Home  

  About Us  

  Contact Us 

  Subscribe     Advertise  
  Archives     Feedback  

  Register  

  Help  

  Top Stories

  Metro

  Business

  Regions

  Opinion

  World

  Life & Times

  Sports

  Tech Times

 
 
 

Friday, March 14, 2008

 

Country considers rice imports
from US, Cambodia

 
The National Foods Authority (NFA) is eyeing the importation of rice from the United States under the Export Credit Guarantee Program (GSM-102) of that country.

GSM-102 provides credit terms for the purchase of US agriculture products by foreign buyers, in this case, the Philippines.

NFA Administrator Jessup Navarro said about $65 million worth of grains is being eyed by his agency from the US under GSM 102, of which the tenders will be done in American soil.

Based on the projections of the Department of Agriculture, the country can attain a 95-percent self-sufficiency in rice by 2009 or 2010, which will make necessary the importation of the grains.

“We have a growing population and I think we already have 90 million [people] now. So it would be hard to achieve a 100 percent self sufficiency in [domestic] rice production,” said Frisco Malabanan, Director of the Agriculture Department’s GMA (Ginintuang Masaganang Ani) Rice Program.

Navarro said that besides the US and other countries where the country traditionally imports grains, the NFA is also eyeing Cambodia as a source of the Filipino’s staple food.

No food shortages assured

While the country is not expected to achieve 100-percent self-sufficiency in rice production in the next two years, Agriculture Secretary Arthur Yap said the Philippines will not be hard-hit by rising food prices in the international market and a worldwide shortage in the production of certain agriculture products.

“The country is not among the nine countries in Asia that will be hit by rising food prices and shortages,” Yap said.

A former NFA administrator said only 1 percent of rice production is traded, which means a shortfall in the worldwide production of grains can spell disaster for countries that depend on imports for their basic food needs.

Nonetheless, the Agriculture secretary said the government is still concerned over the situation where international food prices are rising. It is for this reason that the government will be holding a National Food Security summit in the early part of April this year.

The summit will gather stakeholders of the country’s agriculture sector, like businessmen, farmers and various government agencies supporting food production.

   

Manila Times Friends

Phgifts

OFW Gifts

philflora.gif

 
Sponsored Links
 

Back To Top

 
 
 

Severino O. Frayna Jr., Benjie Dela Rosa
Powered by: 
The Manila Times Web Admin.

  

Home | About Us | Contact | Subscribe | Advertise | Feedback | Archives | Help

Copyright (c) 2001 The Manila Times | Terms of Service
The Manila Times Publishing Corp. All rights reserved.

Hosted by: