AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)
Pakistan Print 2020-03-25

REAP demands inclusion of rice among export-oriented sectors

The Rice Exporters Association of Pakistan (REAP) has appealed to the government for including rice among those export-oriented sectors which are enjoying different incentives and official backing.
Published 25 Mar, 2020 12:00am

The Rice Exporters Association of Pakistan (REAP) has appealed to the government for including rice among those export-oriented sectors which are enjoying different incentives and official backing.
"We have requested the government to increase the number of export-oriented sectors from present five to six so that rice exporters can also have the official backing and support to tap the potential of the global rice market effectively," said REAP Chairman Shahjahan Malik while talking to Business Recorder here on Tuesday.
He said that textile, leather, carpets, surgical equipment and sports are those export-oriented sectors which are enjoying preferential gas and power tariff plus other incentives. Rice is fetching above US$ 2 billion per annum and REAP thinks that its members deserve to be recognized as an export-oriented sector with the above-mentioned sectors.
Shahjahan said that they had a meeting today with Ali Habib, Assisting the Advisor to Prime Minister on Commerce & Industries Razak Dawood (for all export-oriented sectors except textile), through video link and presented a three-point charter of demand to enable the rice exporters to achieve the target of exports of US$ five billion in next five years.
The REAP also demanded that it should be given representation in the national and provincial seed councils.
He claimed that the approval of new varieties is usually delayed while the sector direly needs new varieties having the potential to face the wrath of climate change to produce more exportable surplus, and this all is possible only after REAP is given proper representation in the seed councils.
Similarly, he said that the Association had requested in the recent past that the government should give subsidy on harvesters specifically designed for rice to save the production from post-harvest losses. "We urged the government to expedite this matter too. Ali Habib asked us to send him some concrete plan in this regard, which though we had submitted earlier, but will send again," Shahjahan added.
The Chairman also thanked the government and the State Bank of Pakistan for accepting their demand of doubling the export refinance fund schemes and shipping documents sent to the buyers directly. Shahjahan was assisted by Shahid Tarar and REAP Secretary-General Kashif-ur-Rehman during these parleys.

Copyright Business Recorder, 2020

Comments

Comments are closed.