PNG proposed rice import quota 2016

Polye urges WTO to intervene in proposed rice import quota

“The import quota is anti-competitive and unfair for our long time companies which have been the industry players. It is not a sound economic decision,” he says.

Poly says Naima Agriculture Investment Ltd, which the quota would protect, lacked the capacity to meet the demand.

He says NAIL announced that it would produce 200,000 tons or 200,000 000 kilograms of rice, adding it would import rice to fill the gap.

“Our people will be big time losers,” stresses the Opposition Leader.