Burma will sign a bilateral trade agreement with China geared toward increasing agricultural cross-border exchange, Union ministers told The Irrawaddy on the sidelines of the 25th Asean Summit in the capital Naypyidaw this week. While the agreement targets an increase in the general trade volume, it will likely have the greatest effect on rice exports from northeastern Burma to southwestern China, which are currently illegal…Full Article: The Irrawaddy Nov 2014
- In 2014, China banned Burmese rice imports in order to institute new safety and quality control regulations. According to Chit Khaing, Chairman of the Myanmar Rice Federation, China will begin importing (legal) rice in January 2015. According to the article, China will import at least 1 million MTs of Burmese rice (US$400 per MT) in 2015.
- From 2009 to 2013, China’s (incl. Hong and Macao) rice imports from Burma increased from 331 MTs to 7,067 MTs. These figures do not include informal or illegal trade across the border.