Jul 07, 2017

Four-man Sri Lanka team flying tonight to Islamabad for rice buying

Sri Lanka has picked three countries to supply 200,000 MT rice immediately to meet the shortfall in its domestic market.

A four man team of Lankan officials is scheduled to take off tonight (7 July) to Pakistan to buy rice varieties for the domestic rice market. On July 12, the team will head to Myanmar from Islamabad to test Burmese rice varieties for the Lankan market.

“Yala season’s failure and the floods created this rice shortage. The Ministry has picked Myanmar, Pakistan and India and the country that did not get in was Indonesia” said Minister of Industry and Commerce Rishad Bathiudeen, during his progress review with his officials on the eve of 6 July and added: “The officials team, after checking both Pakistani and Myanmar markets, will decide whether to choose Pakistan or Myanmar (or both) to purchase the 100,000 MT rice. Whether it is finally supplied by one or both countries, the purchase shall be at Government to Government levels.” 

The team of officials flying out tonight (7 July) is led by Secretary of Ministry of Industry and Commerce Chinthana Lokuhetti, and two officials from the Finance Ministry and a food technologist from ITI.

More than 50% of this 100,000 MT rice would be par-boiled (Nadu) variety with the rest in white raw, and samba.

Sri Lanka is also purchasing another 100,000 MT rice from India immediately.