China to import Thai rice under MoU hinh anh 1Scene at the signing ceremony (Photo: NNT)

Bangkok (NNT/VNA)
- A major rice importer in China has signed a Memorandum of Understanding (MoU) with Thailand to buy at least 10,000 tonnes of Kor Khor 43 rice.

Thai Deputy Commerce Minister Chutima Bunyapraphasara and Director-General of Department of International Trade Promotion Chantira Jimreivat Vivatrat witnessed the signing ceremony between a Thai rice producer and the Chinese importer. Under the agreement, a minimum of 10,000 tonnes of Thai Kor Khor 43 rice will be sold in China via both traditional and online platforms. 

The rice will be sold to the Chinese company at 12,000 THB per tonne. It is expected that up to 13,000 tonnes of Kor Khor 43 rice will have been harvested by the end of next month. The rice has a low sugar content compared to other rice strains and produces a pleasant scent when cooked. 

In addition, Chantira says that Thai fresh and processed fruits have grown in popularity among Chinese consumers over the past three months thanks to cooperation between the Thai government and the Alibaba Group

Regarding export growth in the second half of this year, Chantira said the trend would likely be positive given the recovery of the global economy. 

Despite a positive outlook, she will meet with members of the private sector in August to discuss whether trade barriers imposed by other nations will have any significant impact on the export sector.-NNT/VNA