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Grain imports from the United States could pave the way for trade deals

6/17/2018

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Demand for agriculture products such grain including rice, wheat, corn and oats, during the construction of the City of Mount Vema and after, will see the government opening another front to secure a reliable supply of grain.
 
Mount Vema will need to import initially 250,000 metric tons of a variety of grains, which is expected to cost the government about 125million golles per year. So, concessions are expected to be made to balance expenditures with other sector, as the government works hard to build a diverse economy.
 
Talks with foreign governments could start as early as next week. Rice could be imported from India, Thailand or the United States where wheat, corn and oats can be imported from. Other exporters to be approached are Australia, Canada, Russia, Brazil, the European Union and Chile.
 
The government is first looking into imports for most of its grain from the United States, because the USA is one of the few exporters that can supply all the listed grains in a single deal although, it seems unlikely considering how complicated it is to secure reciprocal trade deals, when Mount Vema has only fish and fish related products to trade at present, or facilities such as lease berths that can be used by foreign navies once the City of Mount Vema is completed.          
 
Nevertheless, Mount Vema is already training would be inspectors to examine the quality of grains in many countries before concluding trade deals and begin imports, specially rice from the USA which has a long history of rice production, the bulk of which is grown in Arkansas, California, Louisiana, Mississippi, Missouri and Texas.
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