AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 215.53 Increased By ▲ 18.17 (9.21%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.79 Increased By ▲ 0.88 (14.89%)
DCL 9.17 Increased By ▲ 0.35 (3.97%)
DFML 38.96 Increased By ▲ 3.22 (9.01%)
DGKC 100.25 Increased By ▲ 3.39 (3.5%)
FCCL 36.70 Increased By ▲ 1.45 (4.11%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.13 Increased By ▲ 6.58 (5.16%)
HUMNL 13.63 Increased By ▲ 0.13 (0.96%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.32 Increased By ▲ 0.32 (4.57%)
MLCF 45.87 Increased By ▲ 1.17 (2.62%)
NBP 61.28 Decreased By ▼ -0.14 (-0.23%)
OGDC 232.59 Increased By ▲ 17.92 (8.35%)
PAEL 40.73 Increased By ▲ 1.94 (5%)
PIBTL 8.58 Increased By ▲ 0.33 (4%)
PPL 203.34 Increased By ▲ 10.26 (5.31%)
PRL 40.81 Increased By ▲ 2.15 (5.56%)
PTC 28.31 Increased By ▲ 2.51 (9.73%)
SEARL 108.51 Increased By ▲ 4.91 (4.74%)
TELE 8.74 Increased By ▲ 0.44 (5.3%)
TOMCL 35.83 Increased By ▲ 0.83 (2.37%)
TPLP 13.84 Increased By ▲ 0.54 (4.06%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.84 Increased By ▲ 1.87 (5.67%)
WTL 1.72 Increased By ▲ 0.12 (7.5%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

A high profile delegation of Rice Exporters Association of Pakistan (REAP) will visit Indonesia to market Pakistani rice. REAP has also planned a grand Biryani Festival in Indonesia, in which different rice dishes will be made with Pakistani rice for the participants to promote the Pakistani rice. Indonesia is a very potential market for Pakistani rice as it imports approx one million metric tons rice annually from various regions.
During August, a high profile delegation from Indonesia visited Karachi and had meetings with the representatives of REAP and Trading Corporation of Pakistan (TCP). Various matters related to increase the bilateral trade were discussed during the meetings. In this regard, recently a REAP delegation led by Abdul Rahim Janoo met with Chairman TCP and other senior officials of TCP to develop a strategy for rice promotion in the Indonesia. On the occasion, Noman Ahmed Shaikh Senior Vice Chairman REAP, Rafique Suleman Ex-Chairman REAP and Abdul Rauf Chappal newly elected MC Member REAP were also present.
During the meeting, various proposals were discussed to increase the rice exports from Pakistan to Indonesia and it was mutually decided to send a high profile REAP delegation along with TCP to Indonesia in the October, 2016.
It was also decided that during the visit, a grand Biryani Festival will be organized and different rice dishes made by Pakistani rice will be presented on the occasion to the participants to promote the Pakistani rice. Rafique Suleman, former Chairman REAP, toldBusiness Recorder that previously, REAP has successfully organised such Biryani Festivals in 14 countries of the world, as this is very instrumental to introduce the Pakistani rice among the people of buying countries.
"This is one of the main reasons that rice exports from Pakistan which were only $300 million have been surged to about $2 Billion annually and such growth has never seen in any other commodity in the history of Pakistan," he added. REAP delegation, during the visit of Indonesia, along with Chairman TCP will also have meetings with the top officials of various ministries and government departments particularly with the officials of BULOG, the state owned department, he informed.
As currently only government to government (G to G) trade is being done by Indonesia and efforts will be made to export Pakistani rice through exporters, he said. REAP will also sign a memorandum of understanding (MoU) with Indonesian importers for export of rice. "We are hopeful that after the visit of this delegation, rice exports from Pakistan to Indonesia will be increase with a remarkable ratio," Rafique said.

Copyright Business Recorder, 2016

Comments

Comments are closed.