THAILAND SEEKS TO SELL 1 MLN TONNES OF RICE TO INDONESIA ANNUALLY

12 Jul 2013 11:19

BANGKOK, July 12 (Bernama) â€" Thailand hopes to sign a deal to sell about one million tones of rice annually to Indonesia by October.

Thailand’s Minister of Foreign Affairs, Surapong Tovijakchaikul said if both countries could agree on terms, the memorandum of understanding would be signed during the next round of the APEC meeting in Bali, Indonesia, in October.

He said this at a press conference here after meeting with Indonesian Foreign Minister, Marty Natalegawa.

Thailand is a major exporter of rice and is estimated to have about 17 million tonnes of rice in its warehouses. It has target to export 8.5 million tonnes this year.

Indonesia, which is projected to produce over 37 million tonnes of rice, is also one of the world's major rice importers.

Meanwhile, Natalegawa said Indonesia and Thailand had been looking at new opportunities to further strengthen economic relations, in particular cooperation in the fisheries sector and the issue of food security in general, including rice.

During the meeting he also discussed bilateral issues with Tovijakchaigul.

On the issue of the conflict between Muslims and Buddhists in Myanmar, Natalegawa, who is currently on an official visit to Thailand, told reporters that Indonesia was following the conflict closely and had made known its views directly to the Myanmar authorities.

He said Indonesia hoped the situation could be addressed in a peaceful manner.

-- BERNAMA

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