Japan prepares for major role in Myanmar’s rice industry | Bangkok Post: business

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Japan prepares for major role in Myanmar’s rice industry

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A 5,000-tonne shipment of rice to Japan from Myanmar for the first time in 45 years caught international headlines last week, with media lauding another milestone in Myanmar’s political reforms. 

But industry sources say the cooperation comes amid a bid for both Japan and Myanmar to bolster deeper economic ties, with the shipment bound from Yangon to Nagoya dwarfing the expected output of rice for export from Myanmar under Japanese technical assistance.

Two potential joint ventures between Myanmar Agribusiness Public Corporation (Mapco) and Japanese conglomerates, Mitsui & Co and Mitsubishi Group, may propel Myanmar forward as the one of the region’s key rice exporters.

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