Belarus, Armenia import 10,000 tons of rice from Vietnam
Thursday, 24/12/2020 17:22 (GMT+7)
Under the framework of the Free Trade Agreement between Vietnam and the Eurasian Economic Union (EAEU), the countries of this bloc will provide a tariff quota of 10,000 tons of rice from Vietnam in 2021.
Photo for illustration. (Source: nhadautu.vn)
Accordingly, the Eurasian Economic Commission (EEC) has specifically allocated 9,600 tons of rice to the Republic of Belarus and 400 tons to the Republic of Armenia.
Vietnamese rice products exported to these two markets have codes of HS 1006 30 6701 and HS 1006 30 9801.
The allocation of tariff quota on rice products was set by the Vietnam-EAEU FTA signed last August, which gives Vietnamese enterprises an opportunity to diversify their markets and export more high quality rice and specialties to Eurasian countries.
According to the Department of Agricultural Product Processing and Market Development under the Ministry of Agriculture and Rural Development, in the Jan-Nov period, Vietnam exported 5.74 million tons of rice, valued at USD2.85 billion, down 2.2% in volume but up 10.4% in value. In particular, 5% broken rice price increased slightly to USD495 a ton from USD489 a ton./.
BTA