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DA welcomes DTI’s decision to drop PITC rice import plan

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QUEZON CITY, June 29 — The Department of Agriculture (DA) welcomes the decision of the Department of Trade and Industry (DTI), through the Philippine International Trading Center (PITC), to no longer pursue its planned government-to-government (G2G) rice importation scheme.

QUEZON CITY, June 29 — The Department of Agriculture (DA) welcomes the decision of the Department of Trade and Industry (DTI), through the Philippine International Trading Center (PITC), to no longer pursue its planned government-to-government (G2G) rice importation scheme.

In a letter to DTI Secretary Ramon Lopez on 24 June 2020, Agriculture Secretary William Dar said that the G2G importation is “no longer necessary under the current situation.”

To recall, the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) approved the recommendation to import 300,000 metric tons (MT) of rice, as Vietnam decided to temporarily suspend the signing of new rice export contracts while it assesses its own rice requirements amid the COVID-19 pandemic.

See full article at Philippine Information Agency

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