20,000 MT of rice to be imported from Myanmar

Cabinet approval has been granted to import 20,000 Metric Tonnes of rice from Myanmar.

The move is being taken to to stabilize the price of rice in the local market keep sufficient buffer stocks of rice without any shortage and to maintain a safe stock of rice.

On September 24, 2021, Cabinet approval was granted to import 100,000 MT of rice.

The Government Information Department notes that the proposal made by the Minister of Trade to import 20,000 metric tons of rice from Myanmar on the basis of a Government to Government Agreement between the Government of Sri Lanka and the Government of Myanmar at a cost of US dollar 460 per metric ton by the Government of Sri Lanka through the State Various Corporation Limited, was approved by the Cabinet of Ministers.

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