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Last Updated : 2024-05-11 14:58:00
8 March 2022 06:09 pm - 10 - {{hitsCtrl.values.hits}}
While claiming that the Myanmar government has refuted reports appeared in the Myanmar media on matters pertaining to rice exported to Sri Lanka, Trade Minister Bandula Gunawardana today informed Parliament that no rice has been imported to Sri Lanka from Myanmar as yet.
He told Parliament that the Myanmar Embassy in Sri Lanka has informed that the report appeared in a private website in Myanmar had been circulated in the Sri Lankan media and that the report was baseless.
The Minister said according to the Myanmar Embassy, the news report had been published in a private website in Myanmar, written by a freelance journalist based on an interview of a rice trader and the facts revealed in the report was baseless.
He said the news report had published that Myanmar’s rice export to Sri Lanka is fetching high prices than other countries and the freight-on-board (FOB) price of rice exported to other countries is between US$ 340-$350 per tonne, the export price to Sri Lanka varies from $ 440 to $ 450 per tonne and Sri Lanka hasn’t limited the rice quality.
The Minister said Sri Lanka has planned to import 150,000 metric tonnes of white rice from Myanmar and that rice samples have been sent to Bathalegala Rice Research Institute and Industrial Technology Institute (ITI) for testing.
He said the CIF (cost, insurance and freight) price for a metric tonne of rice to be imported from Myanmar is USD 445.
"It was USD 460 and I was able to reduce it to USD 445 following discussions with the Myanmar government. We have signed bilateral agreements with Myanmar to import 100,000 MT of rice in shipments of 20,000 MTs each. This rice is of good quality certified by a third party," he said.(Ajith Siriwardana and Yohan Perera)
Curious Tuesday, 08 March 2022 06:23 PM
Right, another conspiracy, this time by the Myanmar media!
Consumer Tuesday, 08 March 2022 06:28 PM
Myanmar rice wholesale price In 2022, the approximate price range for Myanmar Rice is between US$ 0.34 and US$ 0.53 per kilogram or between US$ 0.15 and US$ 0.24 per pound(lb). The price in Kyat is MMK 474.59 per kg. The average price for a tonne is US$ 336.96 in Yangon and Naypyitaw.
Hon. Henchman Tuesday, 08 March 2022 06:57 PM
6.9 million says no problem. The royal family needs money to maintain their luxury lifestyle.
Jayampathi Tuesday, 08 March 2022 07:01 PM
According to the net, in Myanmar, the current average price per MT is 337 US$. So we are paying 108 additional dollars per MT. That means LKR 2.5 billion is going to someone's pocket from 100,000MT.
DPERERA Tuesday, 08 March 2022 07:26 PM
Bandula saying Sri Lanka is buying rice from Myanmar at the rate of $445 per ton. That means Myanmar newspaper report is correct.
Pat Tuesday, 08 March 2022 07:44 PM
An independent enquiry must be made to this issue to see if anyone is trying to get comission from this deal as well . Because many Mps are known for this. That is why we descended to this level of problem
roni Tuesday, 08 March 2022 08:36 PM
Economic council has work from day 1 to investigate and eventually use the loosely used word CONSPIRACY.
Citizen k Tuesday, 08 March 2022 08:58 PM
Mr Minister you are like the Emperor's new clothes.you yourself admit the price is Us$ 440 per metric ton.Why is the difference?
Adwani Wednesday, 09 March 2022 12:31 PM
First it was Garlic Scam, he assured he will resign and now he is trying to cover up the Rice Scam. Myanmar media personnel are not fools to expose without knowing the basic truth.
GHT Thursday, 10 March 2022 11:36 AM
Bringing back Rice to Sri Lanka is Not an offense if experienced the scarcity for consumers.
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