Philippines Govt to tap private suppliers for 250,000 tons of rice imports.

The government will tap private suppliers for rice imports, instead of entering government-to-government agreements, in a bid to increase competitiveness and transparency. National Food Authority Council has agreed to shift from government-to-government agreements to a government-to-private procurement scheme for importing 250,000 tons of rice. NFA Council divide 250,000 metric tons into 8-10 tranches with a 25,000 to 5000 MT cap per lot to ensure competition and fairness.