February 27, 2018
FOR the development of the local rice sector, the
Myanmar Rice Federation (MRF) is drafting a rice law to be made public this
year, according to a report in Myawady Daily.
“The rice sector is currently being regulated by
other laws. Therefore, we are trying to enact a separate law. The law aims to
make the rice sector more systematic and legal,” said U Ye Min Aung, secretary
of MRF.
The MRF started drafting the Myanmar rice law in
2017. Now, it has reached the draft stage. Efforts are being made to ensure it
can be made public this year. The first, second and third drafts will be made
public.The enactment of the law is related to parliaments. The MRF will
cooperate with the union parliament, the Union Attorney-General’s office and the
government to make the rules more systematic. The MRF will hold a Myanmar rice
conference on 6 March, he added.
Fraud and violation of regulations are common when
the trade grows, but this may obstruct the development of the rice sector.
The law will cover crop insurance, the contract
farming system, matters beneficial to farmers, the requirements for rice mill
owners, retail and wholesale sectors, and the systematic registration system.
GNLM
Ref; The Global New Light of Myanmar
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