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Pakistan ranked lowest-risk for food safety in FY24

Mubarak Zeb Khan ISLAMABAD: Pakistan has emerged as the lowest-risk country concerning food safety standards for the fiscal year 2023-24, with rice exports making up 25 per cent of the European rice export market, significantly outpacing India’s 16pc. This information was revealed during a meeting between the newly elected Chairman of the Rice Exporters Association […]

Jam Kamal says govt aims to boost rice exports to $6-7 billion in near future

Commerce minister for ensuring compliance with European food safety standards. Imran Ali Kundi ISLAMABAD – In a meeting with the Rice Exporters Association of Pakistan (REAP) delegation, Federal Minister for Commerce Jam Kamal Khan called for taking measures aimed at enhancing Pakistan’s rice exports and ensuring compliance with European food safety standards. As Pakistan holds […]

Pakistani rice traders fear decline in exports amid competition with India

ISLAMABAD: Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions on rice exports. Pakistan exported rice worth $3.9 billion this year as compared to $2.15 billion last year, benefitting from India’s more-than-a-year-long […]

Governor vows full support to rice exporters

KARACHI: Muhammad Kamran Khan Tessori, Governor Sindh, has assured his full support to resolve the issues and problems of rice exporters to earn more foreign exchange for the country. Governor on Wednesday visited REAP House and attended the charge taking ceremony of newly elected office-bearers of REAP. The ceremony was also attended by Muhammad Zubair […]

Punjab Approves New Basmati Rice Varieties to Increase Production

The Punjab Seed Council has officially approved two new basmati rice varieties, promising a 50% increase in yield compared to currently cultivated types. These new varieties are expected to produce between 60 and 65 maunds per acre, significantly improving the current average yield of 40-45 maunds per acre. At the Annual General Meeting on Tuesday, […]

Government forms inquiry committee for rice export issues; is it necessary?

By Ghulam Abbas ISLAMABAD: As the federal government continues to grapple with the unresolved wheat scandal inquiry, the Prime Minister has now formed another high-level committee to investigate the rising number of rice consignment interceptions in the European Union (EU). This new committee will also examine repeated complaints lodged by a commercial fumigator and clearing […]

REAP chairman hails removal of Minimum Export Price cap

Rizwan Bhatti KARACHI: With the removal of the Minimum Export Price (MEP), Pakistani rice traders can now export without price restrictions, enabling them to better compete with India in the global market. Chairman Rice Exporters Association of Pakistan (REAP) Chela Ram Kewlani has welcomed the government’s decision, calling it a major milestone for the industry. […]

Pakistani rice exporters face uncertainty as India eases export restrictions

By Monitoring Desk LAHORE: The Indian government’s recent move to eliminate the minimum export price for basmati rice and relax restrictions on non-basmati rice exports has left Pakistani rice exporters anxious. These changes, which take effect in September 2024, threaten to disrupt the gains Pakistan made under previous restrictions. In fiscal year 2024, Pakistan exported […]

Rice exporters on edge as India lifts restrictions

Competitive pricing threatens Pakistan’s $3.9b rice export market. SHAHRAM HAQ LAHORE: The recent decision by the Indian government to remove the floor price for basmati rice exports and ease restrictions on non-basmati rice exports has sparked panic among Pakistani rice exporters, who had benefited from the previous restrictions. These benefits were reflected in Pakistan’s annual […]