Illustrative image (Source: www.khmertimeskh.com)Vientiane (VNA) - Laos plans toincrease rice exports to China in 2017 after the quality of Lao rice sold tothe world largest population market was found satisfactory by Chinese buyers.
Laos began shipping rice to China in 2015. In2016, it exported 4,200 tonnes of sticky rice and purple rice. The figures areexpected to increase to over 8,000 tonnes in 2017, as the demand from theChinese market increases.
The launch of the Lao organic rice market inChina is considered as a breakthrough for Lao rice to access one of the world'sbiggest markets.
Since 2000, Laos has exported over 300,000tonnes of rice annually to Vietnam, Thailand, China and other countries.
The main rice products come from centralSavannakhet province under the 2 3 Investment Promotion Scheme. Under thisscheme, farmers contribute their land and labour force, while the companyprovides funding, technical assistance and a consumption market.
Major challenges for Lao farmers are thecomparatively high cost of rice products and transportation compared to thoseof neighbouring countries, according to Lao agriculture officials.
This fiscal year, the country’s riceproduction reached 4.12 million tonnes and is predicted to increase to 4.35million tonnes in 2017. Laos plans to produce about 5 million tonnes of rice by2020 to ensure food security in the country.–VNA
Laos began shipping rice to China in 2015. In2016, it exported 4,200 tonnes of sticky rice and purple rice. The figures areexpected to increase to over 8,000 tonnes in 2017, as the demand from theChinese market increases.
The launch of the Lao organic rice market inChina is considered as a breakthrough for Lao rice to access one of the world'sbiggest markets.
Since 2000, Laos has exported over 300,000tonnes of rice annually to Vietnam, Thailand, China and other countries.
The main rice products come from centralSavannakhet province under the 2 3 Investment Promotion Scheme. Under thisscheme, farmers contribute their land and labour force, while the companyprovides funding, technical assistance and a consumption market.
Major challenges for Lao farmers are thecomparatively high cost of rice products and transportation compared to thoseof neighbouring countries, according to Lao agriculture officials.
This fiscal year, the country’s riceproduction reached 4.12 million tonnes and is predicted to increase to 4.35million tonnes in 2017. Laos plans to produce about 5 million tonnes of rice by2020 to ensure food security in the country.–VNA
VNA
