PBBM, nakipagkasundo sa Vietnam para sa rice importation

Transcript

00:00 The Philippines and Vietnam's rice importation agreement is now in effect.

00:04 The agreement was formed on the sidelines of the 43rd ASEAN Summit in Jakarta, Indonesia

00:10 between President Ferdinand R. Marcos Jr. and Vietnamese Prime Minister Phan Minh Chinh.

00:15 This means that Vietnam will export rice to the Philippines,

00:19 which is expected to help stabilize the rice supply and price in the country.

00:24 The Philippines and Vietnam agreed that the Philippines will import rice for five years.

00:29 90% of rice imports in the Philippines come from Vietnam.

00:33 We hope that we can find an agreement so that we will be able to exchange in terms of run all over that.

00:45 We look forward to having a stable framework of cooperation of rice trade for a long period of at least five years.