MercoPress, en Español

Montevideo, September 20th 2018 - 19:03 UTC

Mexico ready to purchase Guyana rice following Venezuela's refusal to renew exchange accord

Thursday, November 5th 2015 - 07:02 UTC
Full article 5 comments
PM Moses Nagamootoo office said Mexico’s Agriculture Minister Jose Calzada had given assurances he would fast track arrangements to buy Guyana’s paddy. PM Moses Nagamootoo office said Mexico’s Agriculture Minister Jose Calzada had given assurances he would fast track arrangements to buy Guyana’s paddy.
The David Granger administration has been seeking new markets after a record crop and Venezuela's decision not to renew an rice for oil agreement The David Granger administration has been seeking new markets after a record crop and Venezuela's decision not to renew an rice for oil agreement

The Guyana government says Mexico has indicated a willingness to fast track an agreement to purchase paddy rice from the Caribbean country. A statement released by the Office of Prime Minister Moses Nagamootoo said that Mexico’s Agriculture Minister Jose Calzada has given the assurance that he would fast track arrangements to buy Guyana’s paddy.

 The statement quoted him as saying that he would also seek to encourage the private sector to enter into contracts with Guyanese millers.

Last month, Nagamootoo met with Calzada whilst attending the Open Governance Summit in Mexico City.

The David Granger administration has been seeking new markets after Guyana is recording increased production and a decision by Venezuela not to renew an agreement under which the rice was exported to that country in exchange for energy products.

A government statement in Georgetown noted that Guyana’s production in the first half of 2015 was 359,960 tonnes, 15.3% more than last year’s record high, first-half production of 312,283 tons.

Meanwhile, the Guyana Rice Development Board (GRDB) is conducting an investigation into media reports that ‘fake’ seed paddy were being distributed to farmers. Technical advisers within the GRDB say the inferior quality may be as a result from bad storage.

Categories: Economy, Politics, Latin America.

Top Comments

Disclaimer & comment rules
  • ChrisR

    Venezuela! Just when they need food they kill a deal that would provide it in exchange for their unpopular heavy crude.

    Perhaps it's a gambit by MADuro to starve even more citizens to death than he is managing to at the moment.

    Nov 05th, 2015 - 05:59 pm 0
  • Troy Tempest

    I'm sure Maduro himself is not going without.

    Nov 05th, 2015 - 08:48 pm 0
  • ilsen

    No-one wants to do business with Venezuela anymore.

    I predict Famine.

    So utterly sad.

    Nov 06th, 2015 - 12:07 am 0
Read all comments

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!