AGL 40.00 Decreased By ▼ -0.21 (-0.52%)
AIRLINK 127.51 Decreased By ▼ -0.13 (-0.1%)
BOP 6.66 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.69 Decreased By ▼ -0.04 (-0.46%)
DFML 41.10 Decreased By ▼ -0.06 (-0.15%)
DGKC 85.70 Decreased By ▼ -0.41 (-0.48%)
FCCL 33.05 Increased By ▲ 0.49 (1.5%)
FFBL 64.49 Increased By ▲ 0.11 (0.17%)
FFL 11.60 Decreased By ▼ -0.01 (-0.09%)
HUBC 112.40 Decreased By ▼ -0.06 (-0.05%)
HUMNL 15.05 Increased By ▲ 0.24 (1.62%)
KEL 5.20 Increased By ▲ 0.16 (3.17%)
KOSM 7.60 Increased By ▲ 0.24 (3.26%)
MLCF 40.40 Increased By ▲ 0.07 (0.17%)
NBP 61.00 Decreased By ▼ -0.08 (-0.13%)
OGDC 192.50 Decreased By ▼ -1.68 (-0.87%)
PAEL 27.10 Increased By ▲ 0.19 (0.71%)
PIBTL 7.40 Increased By ▲ 0.12 (1.65%)
PPL 153.02 Increased By ▲ 0.34 (0.22%)
PRL 26.31 Increased By ▲ 0.09 (0.34%)
PTC 17.20 Increased By ▲ 1.06 (6.57%)
SEARL 85.50 Decreased By ▼ -0.20 (-0.23%)
TELE 7.66 Decreased By ▼ -0.01 (-0.13%)
TOMCL 34.31 Decreased By ▼ -2.16 (-5.92%)
TPLP 8.65 Decreased By ▼ -0.14 (-1.59%)
TREET 17.07 Increased By ▲ 0.23 (1.37%)
TRG 63.70 Increased By ▲ 0.96 (1.53%)
UNITY 27.84 Decreased By ▼ -0.36 (-1.28%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 10,112 Increased By 26.7 (0.26%)
BR30 31,183 Increased By 12.3 (0.04%)
KSE100 94,944 Increased By 180.3 (0.19%)
KSE30 29,452 Increased By 41.8 (0.14%)

Pakistan is likely to take retaliatory action against Kenya for stopping hundreds of Irri-6 containers at the port, seemingly to protect its rice growers. Well-informed sources told Business Recorder that the Commerce Ministry is consulting Pakistani High Commissioner in Kenya and Rice Exporters Association of Pakistan (Reap) to finalise a strategy against Kenya.
"The GoP has approached Kenyan authorities for clearance of rice containers at the port," confirmed a senior official of the Commerce Ministry. Kenyan port authorities are holding hundreds of containers stuffed with coarse varieties of rice and asked the exporters to get clearance from the concerned quarters of the Kenyan government.
Reports reaching here suggest that rice exporters have been asked to get the shipment tested in a lab after which containers will be cleared. One of the rice exporters told this scribe that it is not a big issue, as exporters will bribe the concerned authorities to get the containers cleared. In 2005, Kenya had stopped 200 containers at the port after enhancing duty on Pakistani rice. However, the matter was resolved amicably.

Copyright Business Recorder, 2010

Comments

Comments are closed.