AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

KARACHI: Russia has confirmed registration of another 15 Pakistani mills for export of rice to Russia. This will help further escalate the rice exports, which have already earned $2.5 billion for the exchequer during last fiscal year.

According to Rice Exporters Association of Pakistan (Reap), Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor) has confirmed registration of 15 rice mills for export of rice to Russia.

Federal Service for Veterinary and Phytosanitary Surveillance of Russia has give green signal to Pakistan’s Department of Plant Protection (DPP), Ministry of National Food Security and Research Pakistan that it has completed registration of 15 more rice companies with Rosselkhoznadzor as upgraded and recommended by DPP and now they can export rice to Russia.

REAP urges govt to help it achieve $5bn rice exports

This marks a huge success towards boosting exports of Pakistani rice and overall economy of the state. The Russian Federation had put a ban on import of rice from Pakistan in 2019 on pest interception in rice consignment.

However, it lifted ban in 2021 after corrective measures taken by DPP in the rice establishment with respect to sanitary and phytosanitary measures, however, it only approved 4 compliant rice mills for import of rice from Pakistan based on inspection report of its technical delegation and asked for additional information and measures for the remaining rice facilities.

DPP took special steps to upgrade 15 more rice mills by implementing Standard Guidance Document as per requirements of the Russian Federation.

The tireless efforts including guidance, repeated technical compliance audits were put in this direction by DPP to ensure and enable these companies to export rice through improvement in food safety and phytosanitary measures besides quality, storage and packaging. Now, 19 rice enterprises from Pakistan ca export rice to the Russian Federation.

Reap said that this is a huge achievement of the Pakistan government where the Department of Plant Protection under the MNFSR in close collaboration with the Ministry of Commerce became able to pitch increased rice exports to the Russian Federation.

This brings good news especially to the rice farmers of Punjab and Sindh, as their main source of earning is based on these exports. Moreover, Pakistan being the agrarian economy can also look for enhancing exports in other domains as well by improving quality standards as per global markets.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Tulukan Mairandi Jun 17, 2023 08:39am
12 have been rejected according to Ria Novosti. The remaining 3 also likely will be.
thumb_up Recommended (0)
Ali Asghar Jun 17, 2023 09:34am
@Tulukan Mairandi, Woohoo... Source Thulu marandi's Indian media aka number one liars in the world lol
thumb_up Recommended (0)
Azeem Hakro Jun 17, 2023 09:43am
Good news for the rice industry in Pakistan and the rice farmers in Punjab and Sindh. This development provides a significant boost as rice exports are their main source of income. It is also an opportunity for Pakistan to enhance the export of other agricultural products by improving quality standards. Pakistan and Russia have a history of cooperation in various areas, including energy and trade. Looking ahead, there is great potential for further collaboration between the two countries. I urge our leaders to continue fostering stronger relations between Pakistan and Russia, as it holds the promise of a brighter future for both nations.
thumb_up Recommended (0)
Bharath Jun 17, 2023 10:19am
I think this is the cost of supporting Ukraine in Russia-Ukraine conflict as these days Pakistan rice is more demanded in Europe and America because they don’t use fertilizers. Organic is the trend these days.
thumb_up Recommended (0)