Business World

NFA: No knowledge of reported 1.3 million ton rice import plan

- Janina C. Lim

THE National Food Authority (NFA) has rejected a news report from Thailand that it has plans to import up to 1.3 million tons of rice this year.

ThaiVisa News reported on its Website on April 10 that a Deputy Director- General of the Thai Department of Foreign Trade, Keerati Rushchano, claimed to have been told about the import plans by the NFA.

The Thai off icial was quoted as saying that NFA’s import estimate was one million to 1.3 million tons of rice this year.

NFA Spokespers­on Marietta J. Ablaza said she had no knowledge of such import plans.

“We have no informatio­n on that,” Ms. Ablaza said in a phone interview last week.

The Office of the Cabinet Secretary revealed a March 3 letter from NFA Administra­tor Jason Laureano Y. Aquino addressed to the Vietnamese authoritie­s, in which the NFA head denied a request for the extension of the window to import rice by private-sector traders, in anticipati­on of “immediate” government-to-government rice imports.

In a March briefing, Mr. Aquino denied reaching a deal with Vietnam on a government-to-government import scheme, saying that it “was only a plan.”

Mr. Aquino has not replied to BusinessWo­rld’s request for comment.

The agency, with the approval of a higher body, the NFA Council — of which it is a member — serves as the lone importer of rice shipments in government-to-government deals.

Since late last year, the NFA has been pushing for the shipment of the remaining 250,000 ton balance out of the 500,000 tons of government-to-government rice imports approved for 2016.

The NFA Council rejected this proposal citing the lack of endorsemen­t from the National Food Security Committee, the interagenc­y body that determines the need for rice imports.

Last week, the NFA said the country needs to import 490,800 tons on a government-to-government basis to fill the supply gap during the lean months, which run from July to August.

The NFA must under the law maintain a rice buffer stock sufficient for 15 days at any given time and 30 days at the onset of the lean months. —

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