The Thai Rice Mills Association has reported that Tanasan Rice Plc, a major Thai rice exporter, has recently signed a contract with Iraqi importers to supply 44,000 tons of 100% white rice.
Association president Kriangsak Tabnanon said this will be the second lot that Iraq has bought from Thailand this year. The first lot of 44,000 tons had been delivered on August 18th. The transaction marks a historic moment for rice exports as Iraq had boycotted rice from Thailand for seven years over quality concerns.
He said the ban was the result of a Thai exporter, who had delivered 110,000 tons of rice to Iraq in 2014, failing to meet the country’s quality standards. The Iraqi importers also claimed that the delivered rice was 10% less than what was agreed on, which had led to a ban on Thai rice that lasted 7 years.
Mr. Kriangsak said the removal of the ban is great news for Thai rice exporters. Iraq has been a long-time customer of Thailand and could buy more rice. The association urges all exporters to give rice quality top priority, to strengthen customer confidence so as to secure more orders in the future. (NNT)
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