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Govt to grant loans for setting up sunflower oil mills

The government arranges to grant loans for the establishment of sunflower oil mills while the country is promoting sunflower cutivation rate, said Union Minister for Commerce Dr Pwint San during a meeting with members of Edible Oil Import and Distribution Supervisory Committee, Myanmar Edible Oil Millers’ Association and oil importers in Yangon on 9 July.

The Union Minister said it should promote the local production rate to reduce the palm oil import volumes. It is important to produce quality palm oil for the consumers. The country now produces crude palm oil and still needs to produce high quality palm oil. The importers should follow the set rules and regulations, he added.

The government also urged the business people to use Consumer Pack instead of oil barrels in coming fiscal year. He also stressed the advantages of using Consumer Packs such as there will be accountability of companies concerned by describing the trademark in full and protection of the rights and interests of consumers.

Source: The Global New Light of Myanmar

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