WASHINGTON, Aug. 12, 2003 – An authorization to purchase $40 million of U.S. rice under Public Law 480, Title I, was issued to the Philippines today.
Purchase authorization RP-5024 provides for approximately 148,698 metric tons of long-, medium-, or short-grain milled rice, brown rice for processing, or rough rice, packed in polypropylene or burlap bags; in bulk; or in bulk with polypropylene or burlap bags, needles and twine to accompany. Such rice shall grade U.S. No. 5 or better and shall contain not more than 20 percent broken kernels. Milled rice shall be either well milled or reasonably well milled.
The contracting period is Aug. 19 through Sept. 30, 2003, and the delivery period is Sept. 9 through Dec. 31, 2003. Delivery will be to importer, free alongside vessel (f.a.s.) in the case of rice in bags, or free on board vessel (f.o.b.) in the case of rice in bulk, U.S. port(s). F.o.b. vessel shall mean delivery at discharge end of loading spout.
The purchase authorization was granted under the Title I credit sales agreement signed on July 17, 2003.
For information on purchasing, contact the Embassy of the Republic of the Philippines, 1600 Massachusetts Avenue NW, Washington, D.C. 20036, telephone (202) 467-9300. Further information on the purchase authorization is available from the Operations Division, Foreign Agricultural Service, USDA, Washington, D.C. 20250-1035, telephone (202) 720-3224.
FAS news releases are available on the Internet at . For more information about Web access, contact FAS Public Affairs Division at (202) 720-7115.
In the event of any discrepancy between the FAS Online home page version of this release and the standard FAS release (available in hard copy from FAS), the standard release shall prevail as establishing terms and conditions under this purchase authorization.