Sri Lanka to purchase 100,000 MT of rice from Myanmar as buffer stock
January 7, 2022 03:57 pm
The Ministry of Trade has signed a Memorandum of Understanding (MoU) with Myanmar to purchase 100,000 metric tonnes of rice as a buffer stock with immediate effect, Minister Bandula Gunawardena said.
The rice stocks will reportedly be brought in through a state corporation, on the basis of a government-to-government agreement between Sri Lanka and Myanmar.
