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Rice-driven food exports jump 20pc

ISLAMABAD: Pakistan’s raw food exports increased by 19.58 per cent to $3.15 billion during July-November FY25 from $2.64bn mainly owing to increased rice exports. Raw food exports have risen for the past 16 consecutive months despite unprecedented food inflation in the country’s history. As a result, consumers nationwide are paying higher prices for food items […]

Govt to ensure seamless rice sector operations, Reap assured

Recorder Report. ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan and Federal Minister for National Food Security and Research, Rana Tanveer Hussain held a crucial meeting with members of the Rice Exporters Association of Pakistan (Reap) to address the challenges faced by the rice export sector. The ministers assured exporters of the government’s commitment to […]

Pakistan’s rice exports back on track after FIA raids

MNFS&R, REAP, MoC and others come to an agreement after days of export standstill By Ghulam Abbas The Ministry of National Food Security and Research (MNFS&R), in collaboration with the Ministry of Commerce and other relevant departments, has successfully facilitated the resumption of rice exports after a brief suspension caused by procedural impediments. However, the […]

Asia rice: Rising supplies weigh on India prices

Reuters BENGALURU/MUMBAI/HANOI/BANGKOK AND BANGLADESH: Prices of parboiled rice exported from India fell this week as the rupee depreciated and supplies increased, while Vietnamese rates edged lower on fears of a potential drop in demand from the Philippines. Top exporter India’s 5% broken parboiled variety was quoted at $440-$446 per metric ton this week, down from […]

Tea, rice exports to Iran may take a hit on rial devaluation

Synopsis Iran’s currency devaluation threatens Indian tea and basmati rice exports. The increased cost of imports may hinder sales of premium orthodox tea, while basmati rice exporters face insurance and pricing challenges. However, some believe the impact on rice may be mitigated by government subsidies. Kolkata: Exports of premium quality Indian orthodox tea and basmati […]

Pakistan pledges swift action as EU flags contaminated rice shipments

“We cannot afford to let such lapses continue, given the importance of rice exports to our economy,” says official. By Israr Khan ISLAMABAD: The Pakistan government has vowed swift action to address growing challenges faced by rice exporters following the interception of contaminated shipments in the European Union (EU), a development that threatens the country’s […]

Rice Import Permits Extended Until January 10

by Staff Writer COLOMBO (News 1st) – The government has decided to extend the rice import permits until January 10, 2025, following discussions at the Ministry of Trade, Commerce and Food Security. The permit was originally set to expire today. Meanwhile, Customs officials have confirmed that 35,600 metric tonnes of rice, ordered by private importers, […]

Govt. extends license-free rice import period until January 10

Colombo, Dec 20 (Daily Mirror) – The government has extended the temporary lifting of rice import restrictions, allowing private importers to bring in rice without a license until January 10. Earlier this month, the Cabinet approved the temporary lifting of rice import restrictions until December 20 due to a rice shortage in the country and […]