Fri. Mar 29th, 2024

Islamabad, July 10: Pakistan is slated to export some 100,000 bags of rice to its ally Qatar as part of an initiative of the government to bolster the overall rice exports from the nation.

According to Dawn news reports, with the continuous efforts by the government, Qatar has finally opened its trade market for Pakistani rice. Earlier, Qatari state procurement agency has stopped importing Pakistani rice into the nation.

Islamabad issued an official statement which stated the Central Tendering Committee (CTC), the Qatari authorities have promoted a tender for the obtaining of 100,000 bags of rice from Pakistan, opening an enormous door for Pakistan’s rice export to Qatar.

Previously, Qatar’s private sector continued to import Pakistani rice, the CTC, the Qatari government which obtains for state-supplied subsidized rice for the citizens has made its tender specific to Indian origin, thereby effectively barring the import of any other origin rice, also including Pakistani rice in the year of 2011-2012.

After every two months, the CTC is responsible for issuing tenders for the supply of over 5,000 tonnes of rice to the Qatari government but, excluding the Pakistan-origin rice from all these tenders.

Therefore, Pakistani suppliers or exporters have been disadvantaged of supplying around 30,000 to 40,000 MT high-quality rice to Doha per annum.

The development is expected to open doors to a new avenue for trade market access of the Pakistani products that will eventually contribute to bolstering the nation’s overall exports.

Dismissal of curbs on Pakistani rice export by Qatar will reclaim Islamabad’s share in the global rice market. The government made a vision clear to take rice exports to about $5 billion in coming next 5 years period.

The Prime Minister’s Advisor on Commerce, Abdul Razzaq Dawood, has praised the development as a crucial milestone for the agro products’ export.

Rice Exports Association of Pakistan (REAP) has also hailed government efforts in assisting REAP to open the Premium Basmati Market in Doha, for the supplies of Pakistani rice to the Qatari market.

 

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