Thailand has agreed to sell 380,000 MT of white rice to the Iranian and Indonesian governments, Thai Commerce Minister said Tuesday.

This is divided into 200,000 MT of 15% white rice to Indonesia and 180,000 MT of 100% grade B white rice to Iran, which is coming from the government's rice stock produced in the 2006-07 crop year.

The sale is part of a government-to-government program under which Thailand targets to sell 1.0 million MT of rice this year. Thailand's targeted buyers under the program include Indonesia, the Philippines, Iran and Cuba.