NFA gives green light to private dealers to import rice – Malacañang

UNTV News and Rescue

Malacañang announced on Friday (August 31) that the National Food Authority Council finally allowed private rice dealers to import supply beyond the minimum access volume.

It can be recalled that the World Trade Organization (WTO) permitted the Philippines to impose a 10-year quota system for rice importation with a minimum access volume of 805,200 metric tons in a year.

Presidential Spokesperson Harry Roque said to open importation to rice dealers is what the government believes to be a solution to curb the increasing prices of rice in local markets.

“Pero dahil ito po ay minimum pwede pong tumaas pa ang ating importation at dahil sa mga pangyayari po at para mapababa po ang presyo ng bigas mag-a-authorize po ang NFA council para sa pribadong sector, uulitin ko po, para sa pribadong sector, na mag-angkat ng bigas beyond the minimum access volume for 2018,” said Roque.

“The NFA Council will, therefore, allow further importation of rice by the private sector. We ask the cooperation of the NFA administration in this regard,” he noted further. – Rosalie Coz / Marje Pelayo

The post NFA gives green light to private dealers to import rice – Malacañang appeared first on UNTV News.

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