G2G MoU signed to import 100,000 tons of rice from Myanmar

Published by
Daily Financial Times

Consignment will be maintained as a buffer stock to ensure no shortage Trade Minister directs CB to release forex to clear 800 rice containers at Colombo PortBy Charumini de Silva A Government-to-Government (G2G) agreement was signed with Myanmar yesterday to purchase 100,000 tons of rice, to maintain a buffer stock with immediate effect. The Memorandum of Understanding (MoU) was signed by Trade Minister Dr. Bandula Gunawardena and Myanmar Deputy Commerce Deputy Minister Dr. Pwint San. The rice stocks will be imported through State Trading Corporation (STC). The 100,000 tons of rice will be ma…