Rice exporters may achieve $2bn target
31 May 2009
According to details released by the Rice Exporters Association of Pakistan (Reap) during July-May period, the country exported 801,72 tons of Basmati and fetched $908 million and non-Basmati 1.782 million tons, thereby earning $920 million.
Abdul Rahim Janoo, Reap chairman, while appreciating exporters achievement of the target of $1.8 billion, said it was only possible because of business friendly policies of the government.
He said it is a remarkable achievement when looked at global recession and financial crisis.
Mr Janoo said last year (2007-08) the country exported 3.5 million tons of rice, valuing more than $2.2 billion but this was only possible when global prices of rice and other commodities were going higher every day.
He said Reap has sent trade delegations with the help of TDAP to Saudi Arabia and Republic of South Africa for further enhancing rice exports.
Mr Janoo said next month two other rice exporters’ delegations would be leaving for Qatar and EU countries to explore new rice markets and promote Pakistan rice which is the best in the world.
Similarly, the Reap is planning to send delegations in July and August to Kuwait, Iran, Senegal and Zambia which are also big markets for rice.
Source: dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business
Abdul Rahim Janoo, Reap chairman, while appreciating exporters achievement of the target of $1.8 billion, said it was only possible because of business friendly policies of the government.
He said it is a remarkable achievement when looked at global recession and financial crisis.
Mr Janoo said last year (2007-08) the country exported 3.5 million tons of rice, valuing more than $2.2 billion but this was only possible when global prices of rice and other commodities were going higher every day.
He said Reap has sent trade delegations with the help of TDAP to Saudi Arabia and Republic of South Africa for further enhancing rice exports.
Mr Janoo said next month two other rice exporters’ delegations would be leaving for Qatar and EU countries to explore new rice markets and promote Pakistan rice which is the best in the world.
Similarly, the Reap is planning to send delegations in July and August to Kuwait, Iran, Senegal and Zambia which are also big markets for rice.
Source: dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business
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