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Venezuela to Stop Buying Rice From Guyana Amid Dispute

Venezuela to Stop Buying Rice From Guyana Amid Dispute
Bert Wilkinson Friday, July 10, 2015
GEORGETOWN, Guyana (AP) Venezuela has decided to stop buying much of Guyana s rice crop amid an escalating border dispute between the South American neighbors, the Guyanese finance minister said Thursday.
Finance Minister Winston Jordan said Venezuelan officials informed him during a visit to Caracas that they will be acquiring rice from other suppliers, including Suriname, by the end of the year.
Venezuela has in the past four years purchased about 40 percent of Guyana s rice production, or about 200,000 tons, paying for it with oil that amounts to about half of Guyana s daily supply needs. ....

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Millers express fear, raise alarm over massive smuggling of foreign rice

By Gabriel Ewepu, Abuja
As Federal Government reopens some land borders and take-off of Africa Continental Free Trade Area, AfCFTA, agreement, rice millers under the auspices of Rice Millers Association of Nigeria, RIMAN, Saturday, expressed fear and raised the alarm over massive smuggling of foreign rice into the country.
The alarm was raised by the National President, RIMAN, Peter Dama, in a statement made available to Sunday Vanguard, as activities of smugglers of the commodity intensify.
According to the statement, millions of tonnes of smuggled rice is being offloaded at various entry points into the country on daily basis, which the association alleged that the Nigerian Customs has gone to sleep as the agency has failed to intercept the illegal consignments and trucking by smugglers. ....

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