U Kyaw Swar Soe, Chairman of the Farmers Development Party announced on September 2 that they are attempting to become a member of the Asia Farmers Group Corporation.
Most Asian countries are members of the Japan based Asia Farmers Group Corporation.
“The Corporation helps its member countries with agricultural technology, paddy seeds and also provides loans. So, we will put all our effort to become a member of the Corporation before the end of the year, so that our farmers can avail the same benefits”, he said.
U Thein Win, Chairman of the Pantanaw Farmers and Fishermen Development Union said that providing farmers with adequate aid will be their priority once support from the Corporation is received.
“The effort is meant to support farmers effectively. We seriously need agricultural technology and techniques that will be of help to our farmers”, said U Thein Win.
U Kyaw Swar Soe said that representatives of the Asia Farmers Group Corporation will be visiting Myanmar in September. They will have discussions with organizations in Myanmar that are currently helping out farmers, and farmers' associations to take up development programs by providing support.
Co-orporative Bank and Myanmar Agricultural Bank provide loans for farmers but some farmers still have problems in availing these loans for agricultural expenses.
The Myanmar Agricultural Development Bank has allocated MMK 10 million to be utilized as agricultural loans for farmers throughout the country during the monsoon paddy season.
Agricultural loans for the current year were granted to farmers from June to August.