Panama Considering Importing Rice
3 to 4 million quintals must be imported according to estimations by farmers.
Friday, September 11, 2009
Rice growers from the province of Chiriquí won't be able to reach their goal of planting 65.000 hectares.
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It will not be until February next year that there will be a discussion on import quotas, when a new inventory will be compiled.
The country will import 1.3 million quintals in order to compensate for current low crop yields.
The Ministry of Industry and Commerce has authorized the duty free import of 4.980 metric tons of rice.
Not being self sufficient, Panama will again need to import more than one million quintals from abroad from July in order to meet domestic demand this year.
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