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China to import US$500m of Myanmar rice this year: minister

The value of rice Kunming will import from Myanmar this year is expected to reach US$500 million this year through a barter arrangement, deputy commerce minister U Aung Htoo claimed. A memorandum of understanding was signed between the two countries for bartering goods recently. “According to report sent from Kunming roughly that they would buy […]

MoU on official rice exports to China to be signed soon

Under a program between Myanmar’s Yangon and China’s Kunming, a Memorandum of Understanding on official rice exports to China will be signed soon, said U Aung Htoo, Deputy Minister of Commerce. “We plan to sign the MoU for the export of rice and broken rice to China by this month or next. Negotiations are at […]