BR100 Decreased By (-0.6%)
BR30 Decreased By (-1.18%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.44%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.50 Decreased By ▼ -0.82 (-1.43%)
BOP 30.07 Decreased By ▼ -0.28 (-0.92%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.10 Decreased By ▼ -0.69 (-1.31%)
FFL 14.55 Decreased By ▼ -0.17 (-1.15%)
FNEL 1.22 Increased By ▲ 0.10 (8.93%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 5.95 Increased By ▲ 0.22 (3.84%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.45 Decreased By ▼ -1.71 (-1.84%)
NBP 163.94 Decreased By ▼ -0.72 (-0.44%)
NCPL 53.63 Decreased By ▼ -2.03 (-3.65%)
NPL 58.89 Decreased By ▼ -2.27 (-3.71%)
OGDC 314.00 Decreased By ▼ -2.73 (-0.86%)
PACE 9.83 Decreased By ▼ -0.04 (-0.41%)
PAEL 35.19 Decreased By ▼ -0.44 (-1.23%)
PIBTL 14.75 Increased By ▲ 0.07 (0.48%)
PPL 222.38 Decreased By ▼ -4.53 (-2%)
PRL 91.32 Decreased By ▼ -1.70 (-1.83%)
PTC 59.06 Decreased By ▼ -1.20 (-1.99%)
SSGC 23.23 Decreased By ▼ -0.58 (-2.44%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.60 Decreased By ▼ -0.20 (-2.56%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.74 Decreased By ▼ -0.23 (-1.77%)
TREET 21.85 Decreased By ▼ -0.31 (-1.4%)
TRG 56.45 Decreased By ▼ -0.11 (-0.19%)

KARACHI: Trade Development Authority of Pakistan (TDAP) has assured to facilitate rice traders to strengthen the rice exports to earn more foreign exchange.

A delegation from the Rice Exporters Association of Pakistan (REAP), led by the Senior Vice Chairman Muhammad Jawed Jillani, met with officials from the Trade Development Authority of Pakistan (TDAP) on Wednesday. The key participants included Zubair Motiwala, Chief Executive of TDAP, Shehryar Taj, TDAP’s Secretary, Rafique Suleman former chairman REAP and rice exporters.

The meeting focused on strategies to boost Pakistan’s rice exports and address challenges facing the sector.

Motiwala warmly welcomed the REAP delegation, acknowledging the significant role of rice exports in Pakistan’s economy. He highlighted the importance of increasing market access and exploring new regions to expand Pakistan’s share in the global rice trade.

Discussions centered on targeting untapped markets in Southeast Asia, Africa, and the Middle East, areas with high potential for growth.

Motiwala said that the government has set an ambitious export target for the food group for this fiscal year and the rice sector plays a vital role to achieve this target and support the economy.

Jillani also raised concerns about export challenges, particularly related to logistics and supply chain inefficiencies. He highlighted the issue of storage and said that there are limited storage facilities in the country that need to be enhanced.

He also urged the need to improve infrastructure and streamline export processes to ensure timely delivery and better competitiveness. Additionally, the role of technology in enhancing quality and operational efficiency was discussed, with REAP emphasizing the need for modern farming practices and digital tools to support exporters.

Both REAP and TDAP expressed a strong commitment to working together to overcome challenges and boost rice exports. The meeting concluded with a shared focus on collaboration, innovation, and creating a more efficient and competitive rice export sector, ultimately contributing to Pakistan’s sustainable economic growth.

The productive discussions underscored the importance of public-private partnership in achieving long-term success for Pakistan’s agricultural exports.

On the occasion Rafique Suleman thanked the TDAP official specially Zubair Motiwala for their continued support for the rice export sector.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.

Asim Ali khan Nov 16, 2024 06:00pm
Nice steps , let's move together
0