NFA to import extra 500,000 tonnes rice to boost stocks

NFA to import extra 500,000 tonnes rice to boost stocksMANILA (Reuters) – The National Food Authority (NFA) said on Tuesday it will import up to 500,000 tonnes of rice from countries including Vietnam, Thailand and Cambodia, possibly before end of the year, after its stocks dwindled amid typhoon relief efforts.

“The NFA Council approved the additional rice importation in an emergency meeting last Friday. Vietnam, Thailand and Cambodia are qualified to make an offer,” Dennis Arpia, NFA senior executive assistant, told Reuters.
NFA Spokesman Rex Estoperez, in a separate phone interview, said the state grains agency needs to boost its buffer stock while its relief efforts in areas hit by supertyphoon Haiyan early this month continue.

Source: Manila Bulletin - http://www.mb.com.ph/nfa-to-import-extra-500000-tonnes-rice-to-boost-stocks

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