Tag: Guayana rice

• Thursday, November 5th 2015 - 07:02 UTC

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

  

  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.

• Monday, July 13th 2015 - 09:21 UTC

  Venezuela will stop buying Guyana rice amid escalating border dispute

  

  Venezuela has decided to stop buying much of Guyana's rice crop amid an escalating border dispute between the two neighboring countries, the Guyanese finance minister said. The administration of president Nicolas Maduro has in the past four years purchased about 40% of Guyana's rice production, about 200,000 tons, paying for it with oil that amounts to about half of Guyana's daily supply needs.