BR100 Increased By (0.27%)
BR30 Increased By (0.38%)
KSE100 Increased By (0.51%)
KSE30 Increased By (0.57%)
AGHA 6.48 Increased By ▲ 0.16 (2.53%)
BECO 4.40 Increased By ▲ 0.13 (3.04%)
BML 62.46 Increased By ▲ 0.01 (0.02%)
BOP 31.40 Increased By ▲ 0.17 (0.54%)
CNERGY 11.76 Increased By ▲ 0.17 (1.47%)
CSIL 5.94 Increased By ▲ 0.22 (3.85%)
FCCL 60.96 Decreased By ▼ -0.58 (-0.94%)
FFL 14.88 Decreased By ▼ -0.14 (-0.93%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 6.25 Decreased By ▼ -0.01 (-0.16%)
KOSM 5.95 Increased By ▲ 0.39 (7.01%)
LOTCHEM 24.79 Increased By ▲ 0.11 (0.45%)
MLCF 103.59 Decreased By ▼ -0.49 (-0.47%)
NBP 174.58 Decreased By ▼ -0.70 (-0.4%)
NCPL 53.00 Increased By ▲ 0.23 (0.44%)
NPL 54.50 Increased By ▲ 0.38 (0.7%)
OGDC 315.45 Increased By ▲ 2.06 (0.66%)
PACE 9.40 Increased By ▲ 0.20 (2.17%)
PAEL 35.47 Decreased By ▼ -0.33 (-0.92%)
PIBTL 13.69 Increased By ▲ 0.22 (1.63%)
PPL 223.00 Increased By ▲ 1.19 (0.54%)
PRL 80.75 Increased By ▲ 1.67 (2.11%)
PTC 47.14 Increased By ▲ 0.29 (0.62%)
SSGC 24.19 Increased By ▲ 0.32 (1.34%)
TBL 9.29 Decreased By ▼ -0.02 (-0.21%)
TELE 7.45 Increased By ▲ 0.06 (0.81%)
TPL 24.90 Decreased By ▼ -0.21 (-0.84%)
TPLP 12.84 Increased By ▲ 0.33 (2.64%)
TREET 26.00 Decreased By ▼ -0.25 (-0.95%)
TRG 53.98 Increased By ▲ 0.54 (1.01%)

A delegation of Rice Exporters Association of Pakistan (REAP) on Wednesday met with Prime Minister's Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood and presented issues facing rice exporters.

Chairman REAP, Shah Jahan Malik who led the delegation told Business Recorder that the Association's delegation went to the Ministry of Commerce for follow-up of issues which came under discussion during the last four or five meetings.

The Association argues that rice exporters should be facilitated more as compared to other sectors, as rice is exported without any subsidy.

Shah Jahan Malik said that rice exporters faced issues with the Department of Plant Protection (DPP) - a Department of Ministry of National Food Security and Research, adding that sometimes the Department did not have sufficient staff due to which inspection of rice was undertaken on roads.

REAP has also requested the officials of Commerce Ministry to arrange its meeting with the DPP so that inspection issues are resolved.

He further stated that the delegation also shared its presentation to be given to Prime Minister Imran Khan on rice exports and issues, in the next three or four weeks. He said REAP was also taking a delegation to Saudi Arabia which also came under discussion with the Ministry of Commerce. REAP delegation will hold meetings with Saudi buyers.

In reply to another question, he said, the delegation also sought viewpoint of the Ministry and other relevant organisations on barter trade deal with Iran. Pakistan is trying to reach a barter trade deal with Iran since long due to US sanctions but no solution has been found so far as State Bank of Pakistan (SBP) claims that commercial banks do not agree to any suggestion fearing sanctions from US.

Answering another question, he said, Abdul Razak Dawood was a big fan of REAP as rice exporters do not ask for subsidy.

Shah Jahan Malik claimed rice quota for China had increased from 150,000MT to 200,000MT for 2019-20.

Copyright Business Recorder, 2020

Comments

Comments are closed for this article.