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Ministry issues rice export quotas for April

Minister of Industry and Trade Tran Tuan Anh has signed on decision announcing the rice export quota for April after the Prime Minister gave the green light to resume exporting the product.
Ministry issues rice export quotas for April ảnh 1Illustrative photo. (Source: VNA)
Hanoi (VNA) - Minister of Industry and Trade Tran Tuan Anh has signedon decision announcing the rice export quota for April after the Prime Ministergave the green light to resume exporting the product.

The export quota set is 400,000 tonnes and will be transported via land, rail,water and air. The quotas came into effect from April 11 after the decision wasmade the previous day by the PM Nguyen Xuan Phuc.

At the same day the Government Office sent a dispatch on the permission andother directions from PM Nguyen Xuan Phuc to the Ministry of Industry and Trade(MoIT), the Ministry of Agriculture and Rural Development (MARD) and theMinistry of Finance (MoF) relating rice export in the context of the COVID-19pandemic, drought and saline intrusion.

The Prime Minister accepted the proposal of the MoIT submitted on April 6 toexport about 800,000 tonnes of rice in April and May.

This export rice volume is reduced by 40 percent compared to the volume inApril and May 2019. It is also 35.7 percent and 21.7 percent lower than thesame period in 2018 and 2017, respectively.

The PM has also requested the MoIT, MoF, MARD and the relevant agencies toimplement the rice export plan in accordance with law.

They must also avoid a shortage of rice.

The MoIT must report to the Prime Minister their plans before April 25. Theministry must also build a scenario to regulate the domestic rice market andrice exports in case the COVID-19 pandemic lasts until the end of 2020,according to the PM.

PM Phuc also asked the MoF to manage the rice volume that is permitted toexport according the MoIT proposal to ensure transparency.

At the same time, this ministry would coordinate with the relevant agencies to promptlypurchase rice for the national food reserves as targeted this year. If it isnecessary, they are able to increase rice volume for the national reserves.

Meanwhile, the MARD is requested to coordinate with provinces and centrally-runcities to boost agricultural production, ensuring enough supply for the domesticconsumption and export./.
VNA

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