AN Australian company has expressed interest in buying US$37.2
million worth of fruit, vegetables and other crops from Myanmar
this year, said a senior official from the Ministry of Commerce.
An assistant general manager at Myanma Agricultural Produce
Trading, U Han Thar Tun, said Sydney-based Suntree International
Pty. Ltd. had made the expression of interest in a letter to the
ministry last December.
U Han Thar Tun said the ministry had put the company in touch
with exporters which may be able to satisfy its needs.
The development had highlighted the export potential of a range
of crops, he said.
U Han Thar Tun said the produce Suntree International was interested
in buying sesame seeds, tomatoes, mangoes, musk melons, ginger,
chilis, custard apples, pineapples and baby corn.
U Han Thar Tun said the company had also expressed interest
in buying value-added products such as mango juice and dried tomatoes.
Technology would need to be improved at processing plants before
such products could be exported, he said.
“This is a request from one company; similar requests
may be made by other companies if we are in a position to meet
demand,” U Han Thar Tun said.
He said mangoes, custard apples, musk melons and ginger had
the greatest export potential.
U Han Thar Tun said some agricultural products, such as mangoes
and musk melons, were exported only through border trade. Improving
the quality of such produce would help to attract buyers in high-income
markets such as Australia.
He said that to ensure self-sufficiency, sesame and some other
products could not be exported.
However, the ministry would issue permits for produce grown
in areas designated for export crops, U Han Thar Tun said.
He also revealed that the ministry had established a market
research and information team as part of its drive to promote
exports of agricultural products.
U Han Thar Tun heads the team, which began work last month and
is comprised of representatives of the Department of Border Trade,
the Directorate of Trade and Myanma Agricultural Produce Trading,
all of which are under the ministry.
He said the team would monitor domestic and international prices
of farm produce to identify which crops had the best export potential.
It would also propose which crops should not be exported to
ensure domestic self-sufficiency, U Han Thar Tun said.
U Han Thar Tun said the team’s proposals will be forwarded
to senior government officials for a decision.
“We are just at the beginning stage; research activities
will begin after the team has had a year’s experience in
gathering information,” he said.
One of the team’s functions will be to provide information
to foreign companies interested in investing in the agricultural
produce sector.