WHILE exports of rice and broken rice by sea and land borders are slowing down, the Myanmar Rice Federation announced that rice and broken rice exporters using cargo flights will not have to undergo pre-licensed cargo inspection.

From 1 December 2023, only 50 per cent of storage will be examined for the volume applied for the export licence, instead of 100 per cent, as stated by the announcement.

It added that there is no requirement for pre-licensed cargo inspection for export licence applications under 260 tonnes, and this statement will take effect from 1 to 31 December to support micro, small, and medium enterprises (MSMEs) and small and medium enterprises (SMEs).

Rice and broken rice exports are targeted to reach two million tonnes in the 2023-2024 financial year, but the country has received US$271 million from 583,683 tonnes of export in the first six months of the year, a year-on-year decrease by 50 per cent, according to MRF.

MT/ZS

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