Rice export to be increased $5bn in 5 years: Dawood

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ISLAMABAD

Advisor to Prime Minister on Commerce, Industries & Production, Textile and Investment, Abdul Razak Dawood held a meeting with a delegation of Rice Exports Association of Pakistan (REAP), led by its president, to chalk-out policy proposals in order to  enhance the export  of rice up to  of $5 billion in next five  years.

The president, REAP appreciated the current government endeavors to boost exports of traditional and non-traditional products. Rice is the largest agro export commodity in the export basket of the country with a total export of over $ 2 billion which will be increased up to $ 5 billion in coming five years, Advisor to PM said.

The REAP delegation presented various proposals to materialize the envisaged target which include better farm practices, higher yields through water management, mechanical transplanting, drying and storage and BMR of existing rice mills. The Adviser appreciated all the proposals of REAP and ensured full cooperation of Ministry of Commerce in this regard. He also advised the delegation to introduce new varieties of rice to enhance production and quality by investing in Research and Development.

The REAP delegation ensured that the rice would be exported as per quality and standard to the markets like Iran, Qatar and China where additional market access has been recently gained by Pakistan.

All bottlenecks regarding export of rice will be removed forthwith with effective coordination and cooperation with all the relevant government ministries and departments, the Advisor assured. He mentioned that rice exports are on upward trajectory in China and Indonesia due to additional market access secured by the current government.

The Advisor stated that the Government intends to take export to the highest level ever. The Government is taking different measures for export enhancement including reclaiming traditional markets besides accessing to new markets.

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