By Takaloo, Teknaf: The export of Burmese rice to Bangladesh has been increasing in the past few days as it garners fair prices and high demand in Bangladesh markets, said a Burmese border trader.

"Rice exports from Burma were halted some months ago, due to falling demand in Bangladeshi border markets. With regaining prices, Burmese rice is coming here again in mass shipments within days," he told Narinjara on condition of anonymity.

One sack of Burmese rice, or 50 kilograms, is currently priced from 1,400 to 1,500 taka in Bangladesh markets.

Since 26 January, nearly 700 metric tons of Burmese rice has been exported to Bangladesh through theTeknaf land port on the border, said the source.

According to border business sources, the rice being exported to Bangladesh is produced Irrawaddy, Taninthari, and Arakan State. Htoo Company and Arakan Border Trading Group, locally known as Na-Ka-Tha, play primary roles in cross-border rice exports.

While the big companies involved with top-brass officers of the Burmese regime are freely enjoying oversea trading of rice on a large scale, the transportation or trading of rice and paddy from one village to another across Arakan State has been banned by the local authorities, according to an Arakanese farmer from Maungdaw, a town on western Burmese border.

The currency exchange rate in the border market today is 1.00 Bangladeshi Taka to 14.30 Burmese Kyat.

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