Rice deal with China exists: PM

TUESDAY, OCTOBER 15, 2013
Rice deal with China exists: PM

Prime Minister Yingluck Shinawatra insisted that China would import 1 million tonnes of Thai rice per annum, quashing the scepticism that there was no such deal.

 
She said after the Cabinet meeting that China earlier agreed to buy 1 million tonnes in five years. However, China will hold an internal trade to change this deal, she said. 
She said that the memorandum of understanding for the rice sale would be signed soon, pending for details to be completed by the Commerce Ministry.