Myanmar plans to more than double rice shipments as the country that used to be the largest exporter of the cereal grain embraces trade and opens its economy, challenging Thailand, Vietnam and Cambodia for sales amid a global glut.
A Myanmar farmer plants rice seedling in a paddy field near Dala township, on the outskirts of Yangon. Myanmar is emerging as a new competitor in the rice export market, looking to challenge Thailand and other countries in the global market. (AP file photo)
Shipments may increase to 2.5 million metric tonnes in 2014 and 2015 from an estimated 1.8 million tonnes in the year that started April 1, according to Toe Aung Myint, director-general of the Department of Trade Promotion at the Ministry of Commerce.
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