The proposal was tabled by Trade Minister Bandula Gunawardena.
Relevant rice shipment will be brought in through the State Various Corporation Limited, on the basis of a government-to-government agreement between Sri Lanka and Myanmar.
Accordingly, a metric ton of rice will be purchased for USD 460, the Government Information Department said.
Earlier, at its meeting held on 24 September, the Cabinet green-lighted the importation of 100,000 metric tons of rice, enabling to keep sufficient buffer stocks of rice without any shortage and to maintain a safe stock of rice. – ada derana