Amid a boom in international demand, the export commission on the various types of rice has been raised and will take effect from today until the end of the current crop when it will be reviewed, Agriculture Minister Robert Persaud said yesterday.
Speaking at a media briefing at the Ministry of Agriculture’s boardroom, Persaud said that the adjustments will take effect for all contracts and export arrangements to be undertaken from today and last until the end of the current crop, when it will be reviewed. He noted that the export commission on rice was originally set at 2% but that was changed. He said that the current adjustment is still below what is provided for in law.
