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Thailand to resume rice export to Iraq under Memorandum of Understanding
15:28 - 06/11/2019
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Information / Translation…
BANGKOK (Reuters) - Thailand's Trade Ministry will sign a memorandum of understanding next month with the Iraqi government to export rice, nearly 10 years after it lost contracts with Iraqi rice importers to its competitors over quality concerns, Thailand said on Wednesday.
"Iraqi importers are interested in buying Thai rice," the head of Thai Rice Exporters Association, Jokita Ovasong, was quoted as saying by The Nation newspaper.
He added that "according to the memorandum of understanding, the Thai Ministry of Commerce is obliged to [You must be registered and logged in to see this link.] choose and ensure Thai exporters qualified to trade with Iraqi businessmen to help restore their confidence."
"The state has made it clear that trade takes place only through those companies guaranteed by the Thai government and not through trade between the governments of the two countries," he said.
"For future tenders, Thai rice exporters' unions will nominate between 15 and 20 companies comprising both new and existing exporters to [You must be registered and logged in to see this link.] to be accredited by the Iraqi Ministry of Commerce," he said.
Ofansong pointed out that ' [You must be registered and logged in to see this link.] imported in 2018 about 873 thousand tons of Thai rice, the highest amount ever achieved.' Finished / 25 z
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