The Myanmar Agribusiness Public Corporation (MAPCO) is expected to export 200,000 tons of high-quality rice in the 2013-14 fiscal year, according to company sources.
"We will export about 200,000 tons of rice in the fiscal year. This year we already exported 30,000 tons of that rice," said Dr Soe Tun from MAPCO.
Win Myint, the minister of commerce said Myanmar is also starting to export rice to European markets under an advantageous EU Trade Scheme.
Myanmar is also exporting 25-mark high quality rice to China and Africa. MAPCO exported 5,000 tons of high-quality rice to Japan for the first time in 45 years and is working to export more.
Japan will also invite tenders from foreign suppliers to import rice to its market in October and the MAPCO said it will compete in the tender, Dr Soe added.
The MAPCO is cooperating with Japan's Mitsui Company to export rice to Japan.
source: Eleven Myanmar
http://elevenmyanmar.com/business/3608-mapco-to-export-200-000-tons-of-high-quality-rice
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