Recent Posts

Breaking News

PH starts G2G importation of 300,000 MT of rice

By Madelaine Miraflor

The Philippine government has “officially” opened the government-to-government (G2G) importation of 300,000 metric tons (MT) of rice, the first time it will do so since passing the Rice Tariffication Law (RTL) last year.

Agriculture Secretary Dr. William D. Dar (KEVIN TRISTAN ESPIRITU / FILE PHOTO / MANILA BULLETIN)

Agriculture Secretary Dr. William D. Dar (KEVIN TRISTAN ESPIRITU / FILE PHOTO / MANILA BULLETIN)

In a statement, Agriculture Secretary William Dar said the Department of Trade and Industry’s (DTI) Philippine International Trading Corp. (PITC) has already started the process for this G2G importation, which will help the government augment the country’s rice stocks during the lean months.

Lean season for rice runs from July to September when there’s usually low harvest.

“The PITC has already sent communications to Myanmar, Vietnam, Thailand, India and Cambodia, added Secretary Dar, who also serves as chairperson of the IATF’s [Interagency Task Force for the Management of Emerging Infectious Diseases] Task Group on Food Security,” the Department of Agriculture (DA) said in a statement.

Under a liberalized regime, the Philippine government could no longer import rice directly from other countries. This G2G importation is an emergency measure allowed under RTL to make sure the country will have enough rice during national crisis such as the COVID-19 pandemic.

From January to April, the private sector was already able to bring in as much as 729,000 MT of imported rice here in the country.

Of this, more than 600,000 MT of rice came from Vietnam, one of the world’s top rice exporters.

This was more than a month since Vietnamese government decided to limit the volume of rice that the Southeast Asian country is willing to sell to other countries amid the pandemic.


Source: Manila Bulletin (https://news.mb.com.ph/2020/05/11/ph-starts-g2g-importation-of-300000-mt-of-rice/)

No comments