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National Food Authority NFA Jul 12, 2018 @ 15:41

NFA wants to import add’l 500,000 MT of rice this year

The National Food Authority (NFA) said it will seek the government’s approval to import additional 500,000 metric tons (MT) of rice this year.

In an interview, NFA Administrator Jason Aquino said he hopes the additional supply would enter the country in December.

“We’re doing this para hindi na maulit yung nangyari dati,” Aquino said, referring to the time this year when NFA completely ran out of stocks.

The importation will be on top of the importation done through the government-to-government (G2G) bidding and open tender scheme, which would bring as much as 500,000 MT of rice into the country.

As of now, the delivery of the 250,000 MT of rice imported by the Philippine government from Thailand and Vietnam through G2G scheme is now almost complete.

NFA said that as of July 10, a total of 197,400 MT of the 250,000 MT contracted volume have already arrived in the country.

The country is also anticipating the importation of rice through Minimum Access Volume (MAV) scheme of the World Trade Organization.



 

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