China-Myanmar B2B pact to boost rice export to China

MYANMAR and China will soon establish a Business-to-Business (B2B) pact to boost rice export, said Myanmar’s Commercial Attaché in Kunming, China.

Guokee Bio-Tech Company Limited from Yunnan Province, China, in cooperation with the Department of Agriculture and the Department of Agricultural Research, has been implementing trials to improve agricultural seeds, including rice, corn and secure pedigree seeds

Guokee Bio-Tech Company showed willingness to sign a B2B Memorandum of Understanding with a rice exporting company from Myanmar. They will provide seeds and persuade farmers to grow them. The rice milling process will be conducted in Myanmar. Guokee Bio-Tech Company will import the rice to Myanmar.

China has adopted a new Export to China policy to encourage imports and to meet domestic consumption, according to officials from the Yunnan Provincial Department of Commerce in China.

At present, that company is carrying out a trial run for four varieties of lowland paddy seeds (Yar 8, UPLRi, ZKMUR-5, and M20) in Nay Pyi Taw. These rice varieties are already registered with the General Administration of Customs of China (GACC).

Thus, Myanmar rice and paddy traders who wish to collaborate with Guokee Bio-Tech Company to cultivate these seeds domestically and export the rice to China can contact kmmhtway@gmail.com or Viber 09 943602357.

NN/KK

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