Thailand's National Rice Policy Committee has revealed that more than 9 nations have expressed interest in procuring Thai rice through government-to-government deals and the combined volume could well be over 1 million MT.

The Thai government has not yet finalized any decision to sell rice to any country. Countries that want to import Thai rice include Malaysia, the Philippines, Iran, Iraq, India and countries in Africa.

Releasing rice via G-to-G contract is one of three options open to the ministry to release the government's stockpiles. Other options are to sell rice via bidding and through the Agricultural Futures Exchange of Thailand (Afet).

At present, Thailand has about 4.8 million MT of rice in government stockpiles.