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PM allows rice export resumption from May 1

PM allows rice export resumption from May 1

Prime Minister Nguyen Xuan Phuc on April 28 agreed with the Ministry of Industry and Trade’s proposal to resume rice export from May 1, in accordance with Decree 107/2018/ND-CP on rice export business.
PM allows rice export resumption from May 1 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc on April 28 agreed with the Ministry of Industry and Trade’s proposal to resume rice exportfrom May 1, in accordance with Decree 107/2018/ND-CP on rice exportbusiness.

During a Hanoi meeting with leaders of ministries,departments, localities in the Mekong Delta and major food companies, PM Phuc asked the Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) toensure food security and more effective food export.

The MoF was assigned topurchase rice for national reserves while the General Department of Customs mustcreate favourable conditions for the export of the grain.

Meanwhile, the MoIT wasrequired to coordinate with the MoF and the Ministry of Agriculture and Rural Development on rice harvest, consumption and export.

The MoIT and localities must ask rice exporters to seriouslyfollow the Government’s Decree 107 on the maintenance of the minimum ricecirculation reserve and sign a deal with at least one supermarket to supply the grain whenrequested.

It must amend and supplement Decree 107, includingpaying attention to the role of the People’s Committees of major rice productionlocalities, especially those in the Mekong Delta and the Red River Delta.

According to the MoIT, the country is projected to have 43.5 milliontonnes of rice this year, nearly 30 million tonnes of which is expected to beused for domestic consumption, and the rest for export./.

VNA
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