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MANILA Cheap Nike Air Presto high , July 9 (Xinhua) -- The Philippine Department of Agriculture (DA) said Wednesday that it is targeting to produce 59. 67 million metric tons (MMT) of unmilled rice in the next three years in a bid to attain rice self-sufficiency.


Agriculture Assistant Secretary and National Rice Program Director Edilberto de Luna said the DA will expand harvest area for rice as well as yield per hectare to boost output in the 2014 to 2016 period and wipe out imports.


This year, de Luna said the DA is targeting to produce 19.07 MMT of unmilled rice. In 2015, output is expected to reach 20.08 MMT. For 2016, the rice production target is set at 20.51 MMT.


De Luna issued the statement after Presidential Assistant for Food Security Francis Pangilinan said the Philippine government will no longer set a target date for attaining rice self sufficiency.


Pangilinan also told Reuters in an interview that the Philippines would need to import more rice from Vietnam this year to boost supply and bring down domestic prices.


Agriculture Secretary Proceso Alcala had targeted to wipe out rice imports and attain rice self-sufficiency for the Philippines in 2013. But strong typhoons such as typhoon Haiyan (local name: Yolanda) made it difficult for the Philippine government to achieve its rice self-sufficiency goal.


Last year, Philippine rice production reached 18.44 MMT Cheap Nike Air Presto fleece , which translates to a "96 percent self-sufficiency."


The government announced on Thursday the start of bidding for oil exploration rights in 14 areas of the Gulf of Mexico being opened to domestic and international companies as Mexico ends a seven-decade state monopoly on the petroleum business.


Bidding will continue until July 15. Companies wishing to bid must meet a set of requirements, including showing their participation in at least three exploration projects and oil extraction of at least $1 billion and capital on hand of at least the same amount.


Mexico nationalized its oil industry in 1938. Prior to this year's reforms, the state company Petroleos Mexicanos was the only one allowed to do oil exploration and production.


The parcels up for bid are in shallow water, less than 500 meters (1,640 feet) Cheap Nike Air Presto essential , off the coasts of Veracruz, Tabasco and Campeche states. The areas will be explored through shared production contracts running for 25 years.


Businesses may bid independently or as part of a consortium, but no company can try for more than five blocks. Interested companies will have access for six months to detailed data about each of the parcels through a website.


"Mexico is betting a lot on this audacious opening," said Energy Secretary Pedro Joaquin Coldwell. "For that reason the Mexican government's commitment to transparency is crucial."


Undersecretary of Energy Lourdes Melgar said every contract will include a clause stating that any corrupt practices will lead to cancellation of the deal.


Corruption has cast a long shadow in Mexico since local police in a southern city, allegedly on orders of the mayor Cheap Nike Air Presto br , intercepted 43 students from a rural teachers college and turned them over to gang members in late September. The remains of only one have been confirmed, but the government says testimony from people detained in the case indicate they were all slain and their bodies incinerated.


Additionally, cries of a conflict of interest have been aimed at President Enrique Pena Nieto since it was revealed that his wife had bought a mansion from a businessman who had received public contracts. An entity of the same company was also awarded a contract to build a high-speed train, which was subsequently cancelled after the outcry and put out again for bid.


Energy officials said all of the oil contracts will be public to avoid corruption.


Mexico's oil and gas production reached a maximum of 3.4 million barrels a day in 2004. Since then, it has fallen to 2.4 million barrels. The government hopes the opening of the industry will entice foreign firms with access to greater exploration technology and help boost daily production to 3 million barrels by 2018 and 3.5 million by 2025.


Analysts have estimated that investment in the sector could reach $15 billion a year.


SHANGHAI www.cheapprestoshoes.com , Sept. 24 (Xinhua) -- Chinese enterprises have positive expectations on investment in BRICS countries.


"The investment in Brazil will reach 70 percent of our company's overall overseas investment, after the completion of the acquisition," Ge Junjie, chairman of Hunan Dakang Pasture Farming, said in Shanghai Saturday at a seminar on overseas investment.


Ge Cheap Nike Presto Shoes , whose company is based in central China's Hunan Province, said that this June the company's strategic investor, Shanghai Pengxin Group, and its wholly owned subsidiary abroad DKBA, had acquired a 53.99 percent stake in Belagricola Cheap Nike Air Presto , a company specializing in agricultural equipment sales in Brazil.


In 2016, the group bought a 57 percent stake in Fiagril, a Brazilian trading company.