Burma-China seals rice export deal

Myanmar Rice Federation has signed a rice export agreement with China’s state-run agricultural COFCO, exporting 100,000 tonnes of rice via monthly shipments at a floating price. Burma exported 1.1 million tonnes of rice in the first nine months of the 2014-15 fiscal year, of which 800,000 tonnes went to China. Rice exports for the new agreement are stipulated to begin in April.