Bangladesh to purchase Myanmar rice, placing apart Rohingya disaster By Reuters



By Ruma Paul

DHAKA (Reuters) – Bangladesh will purchase 100,000 tonnes of rice from Myanmar, placing apart a rift over the Rohingya refugee disaster as the federal government races to beat a scarcity of the staple meals for the nation’s greater than 160 million folks.

Excessive rice costs pose an issue for the Dhaka authorities, which is ramping up efforts to replenish its depleted reserves after floods final 12 months ravaged crops and despatched costs to a report excessive.

Muslim-majority Bangladesh and largely Buddhist Myanmar have been at odds over the greater than 1 million Muslim Rohingya refugees in camps in southern Bangladesh. The overwhelming majority of them fled Myanmar in 2017 from a military-led crackdown that U.N investigators stated was executed with “genocidal intent” – assertions that Myanmar denies.

Bangladesh will import white rice in a government-to-government deal at $485 a tonne, together with value, insurance coverage and freight (CIF) liner out foundation, stated Mosammat Nazmanara Khanum, the secretary on the nation’s meals ministry.

“Our primary precedence is to deliver down the costs of rice,” Khanum instructed Reuters on Sunday, including the federal government may purchase as a lot as 10 million tonnes whereas personal merchants are allowed to purchase one other 10 million tonnes within the 12 months to June.

The deal will likely be signed quickly and the rice will likely be delivered by April in phases, she stated.

Bangladesh can be shopping for 150,000 tonnes of rice from India’s state-run agency NAFED in a government-to-government deal whereas it has issued a collection of tender to purchase the grain.

“We may purchase extra rice from India in state-to-state offers,” Khanum stated, including that the Meals Ministry was holding talks with a number of different Indian state businesses.

Bangladesh, historically the world’s third-biggest rice producer with round 35 million tonnes yearly, makes use of nearly all its manufacturing to feed its folks. It nonetheless typically requires imports to deal with shortages attributable to floods or droughts.

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