Wednesday, February 28, 2018

Rice law expected to emerge this year



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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