Vietnam gets ready for circumcision for rice exports, Bulog boss says it's like this

Published 2023년 6월 12일

Tridge summary

Vietnam plans to reduce its rice export quota to 4 million tons per year by 2030, but this is not expected to impact rice stocks in Indonesia, according to the main director of Perum Bulog, Budi Waseso. Indonesia has import agreements with several countries, including Vietnam, and will continue to attempt to absorb rice from domestic sources. However, Minister of Agriculture Syahrul Yasin Limpo warns of a potential deep decline in world food productivity, with Vietnam's move to limit rice exports being an example.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Main Director of Perum Bulog Budi Waseso (Buwas) opened his voice regarding Vietnam's cut of rice exports. According to him, this will not disrupt rice stocks in Indonesia. "God willing, it will be safe, we don't continue to talk about it, we don't take it lightly, no. But we are also among the countries we already have," said Budi Waseso at the Presidential Palace Complex, Monday (12/6/2023). Budi said Indonesia also entered into import agreements with several other countries, such as India, Pakistan, Thailand, Vietnam and Myanmar. So when you need it, you can directly import it. "We are exploring everything, and we are making contracts, deals that we can take when we need them," he explained. However, Bulog will continue to try to absorb rice from within the country to prepare rice stocks. At present, the position of the Government's Rice Reserves (CBP) has reached 605 thousand tons. As is well known, Vietnam plans to cut its rice export quota to 4 ...

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