India is willing to sell 500,000 tonnes of rice to Indonesia but also wants the southeast Asian country to cut its export tax on crude palm oil which has threatened the domestic refining industry. "My ministry has no objections in exporting 500,000 tonnes of rice to Indonesia from government stocks," Food Minister K.V. Thomas said after meeting Indonesian officials here just a month after trade ministers discussed the issues in Jakarta. Southeast Asia's largest economy, Indonesia wants 250,000 tonnes of rice for immediate delivery, Sutarto Alimoeso, chief executive of Indonesia's state procurement agency Bulog, told Reuters.
2011-11-02
Global News: India open to Indonesia rice, seeks palm oil duty cut
(News resource: Reuters, Nov. 02, 2011)
India is willing to sell 500,000 tonnes of rice to Indonesia but also wants the southeast Asian country to cut its export tax on crude palm oil which has threatened the domestic refining industry. "My ministry has no objections in exporting 500,000 tonnes of rice to Indonesia from government stocks," Food Minister K.V. Thomas said after meeting Indonesian officials here just a month after trade ministers discussed the issues in Jakarta. Southeast Asia's largest economy, Indonesia wants 250,000 tonnes of rice for immediate delivery, Sutarto Alimoeso, chief executive of Indonesia's state procurement agency Bulog, told Reuters.
India is willing to sell 500,000 tonnes of rice to Indonesia but also wants the southeast Asian country to cut its export tax on crude palm oil which has threatened the domestic refining industry. "My ministry has no objections in exporting 500,000 tonnes of rice to Indonesia from government stocks," Food Minister K.V. Thomas said after meeting Indonesian officials here just a month after trade ministers discussed the issues in Jakarta. Southeast Asia's largest economy, Indonesia wants 250,000 tonnes of rice for immediate delivery, Sutarto Alimoeso, chief executive of Indonesia's state procurement agency Bulog, told Reuters.
