PH eyes rice imports from India, Pakistan

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As countries continue to close borders to protect themselves from the coronavirus pandemic, the government said it would work with the country’s Asean trading partners to ensure the stable flow of exports. | kocampoINQ

If necessary, IATF said it would also tap the state-owned Philippine International Trading Corp. to import 300,000 metric tons of rice via a government-to-government scheme with non-Asean countries such as India and Pakistan.

The latest volume of imports only covered 44 percent of the country’s annual average rice shortfall at 1.1 million MT. After President Duterte put the country under a state of calamity, palay prices have picked up following a series of decline that began last year as the country is forced to rely on its own production.In response, the DA has requested an additional P32 billion from the Office of the President, which also includes an additional budget of P7 billion to elevate NFA’s procurement operations.

 

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kocampoINQ Basmati Rice

kocampoINQ Ang galing ng agricultural commission natin! Another stellar performance from sen Cynthia “Camella Homes” Villar .

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