A Thai farmer harvests rice (Photo: Thai Visa) Bangkok (NNT/VNA) - The Ministry of Commerce isdetermined to increase the export of Thai rice to Mexico by 10,000 tons beforethe end of this year.
According to Commerce Minister Aphiradee Tantraporn, the federal government ofMexico has given its rice importers a privilege to import a total of 150,000tonnes of rice without having to pay import duties this year.
To qualify for tax exemption, each domestic company must import fewer orequivalent to 10,000 tonnes of rice. Aphiradee said it was seen as an attemptto lower prices of rice in Mexico and cater to domestic demand.
Thailand is among rice exporters Mexican importers are to order the grainsfrom. Out of all rice varieties in Thailand, only the long-grain rice has beenchosen by the Mexican government.
The Ministry of Commerce is going to ask Mexican importers to buy Thai longgrain rice so as to increase the popularity of Thai rice in other LatinAmerican nations. In addition to the long-grain rice, jasmine rice has beenmarketed at 37 Costco retail stores across Mexico through a rice marketexpansion programme.
Mexico is the fourth largest importer of Thai rice after the United States,Uruguay, and Argentina. In 2016, around 7,000 tonnes of rice was exported toMexico, a 50-percent decrease from a year before. Aphiradee attributed thedecline to higher logistics costs and tariffs.-VNA
According to Commerce Minister Aphiradee Tantraporn, the federal government ofMexico has given its rice importers a privilege to import a total of 150,000tonnes of rice without having to pay import duties this year.
To qualify for tax exemption, each domestic company must import fewer orequivalent to 10,000 tonnes of rice. Aphiradee said it was seen as an attemptto lower prices of rice in Mexico and cater to domestic demand.
Thailand is among rice exporters Mexican importers are to order the grainsfrom. Out of all rice varieties in Thailand, only the long-grain rice has beenchosen by the Mexican government.
The Ministry of Commerce is going to ask Mexican importers to buy Thai longgrain rice so as to increase the popularity of Thai rice in other LatinAmerican nations. In addition to the long-grain rice, jasmine rice has beenmarketed at 37 Costco retail stores across Mexico through a rice marketexpansion programme.
Mexico is the fourth largest importer of Thai rice after the United States,Uruguay, and Argentina. In 2016, around 7,000 tonnes of rice was exported toMexico, a 50-percent decrease from a year before. Aphiradee attributed thedecline to higher logistics costs and tariffs.-VNA
VNA
