Panay News

India supplies PH with 295K MT of non-basmati white rice

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PRESIDENT Ferdinand ‘’Bongbong’’ Marcos Jr. thanked India for its decision to export around 295,000 metric tons ( MT) of non- basmati white rice to the Philippine­s.

Marcos said this during the courtesy call in Malacañang of Subrahmany­am Jaishankar, India’s Minister of External Affairs. He also conveyed his i ntention to deepen collaborat­ion with India in various areas such as agricultur­e, infrastruc­ture and defense.

“I’d like to thank you and please extend my gratitude to your Prime Minister ( Narendra Modi) for the timely provision of imported rice that we bought from India. The very critical… a very crucial time since we are right now suffering the effects [of] drought,” Marcos said.

He added: “I hope… we hope to do better and I hope to continue this trade with India, but not only in agri products but in other [areas]. The ambassador has been working very hard to promote all of these different exchanges and welcome once again.”

Marcos said the Philippine­s is focusing on agricultur­e to ensure food security, noting the country’s initial exchanges with India.

The Philippine president also said the Associatio­n of Southeast Asian Nations ( ASEAN) has come to a conclusion or a joint consensus on the need to strengthen the supply chains — both the physical and digital supply chains.

In October 2023, India approved shipping 295,000 metric tons of non- basmati white rice to the Philippine­s, the highest allocation it gave to a foreign country after lifting the restrictio­n to specific nations.

 ?? ?? President Ferdinand ‘ Bongbong” Marcos Jr. welcomes Indian External Affairs Minister Subrahmany­am Jaishankar during a courtesy call at Malacañang Palace in Manila on March 26, 2024.
President Ferdinand ‘ Bongbong” Marcos Jr. welcomes Indian External Affairs Minister Subrahmany­am Jaishankar during a courtesy call at Malacañang Palace in Manila on March 26, 2024.

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