Pakistan, Philippines deepen engagement on rice exports
MG News | January 23, 2026 at 11:18 AM GMT+05:00
January 23, 2026 (MLN): Pakistan and the Philippines
are set to deepen bilateral trade cooperation, with a renewed focus on
expanding Pakistan’s rice exports to the Philippine market.
The initiative reflects Pakistan’s broader strategy to
identify priority export destinations for agricultural commodities and leverage
surplus production amid evolving global market conditions.
In this regard, Federal Minister for Commerce Jam Kamal
Khan held a meeting with Dr. Emmanuel R. Fernandez, Ambassador of the
Philippines to Pakistan, on the special directions of Prime Minister
Shehbaz Sharif, according to a press release issued.
The meeting focused on enhancing rice trade cooperation,
including increased procurement of Pakistani rice by the Philippines.
During the discussions, the commerce minister conveyed the
Prime Minister’s keen interest in expanding rice exports and formally requested
the Philippine side to consider additional procurement from Pakistan.
He highlighted that Pakistan is currently enjoying strong
agricultural output, with sufficient surplus rice stocks available for export
while maintaining consistent quality standards.
Jam Kamal Khan noted that the re-entry of major suppliers
into the global market has intensified price competition.
To remain competitive, he said the Government of Pakistan
has developed mechanisms to ensure benchmark pricing, including financial
bridging where necessary, to offer competitive prices while guaranteeing
quality and quantity.
He emphasized that closer price alignment could
significantly enhance bilateral rice trade through institutional collaboration.
The Minister further informed that, on the Prime Minister’s
instructions, the Philippines has been identified as a key partner country for
enhanced rice exports.
He stressed that timely coordination would be crucial,
particularly in view of upcoming rice procurement tenders in the Philippines.
Ambassador Dr. Emmanuel R. Fernandez welcomed Pakistan’s
proactive engagement, terming it a positive step toward strengthening bilateral
trade and investment relations.
He acknowledged Pakistan’s longstanding position among the
top three rice suppliers to the Philippines and expressed confidence in
Pakistan’s potential to further increase its market share.
He also noted that the upcoming session of the Pakistan-Philippines
Joint Economic Commission (JEC), expected in February, would prioritize
rice trade.
Both sides reviewed progress on a draft Memorandum of
Understanding (MoU) between Pakistan’s Ministry of Commerce and the
Philippine Ministry of Agriculture, aimed at government-to-government rice
procurement over a multi-year period.
Technical teams are in close coordination, and a Pakistani
delegation is scheduled to visit the Philippines to expedite finalization of
the MoU ahead of forthcoming tenders.
The meeting also covered tariff-related matters and cost
competitiveness to facilitate larger export volumes.
The Pakistani side underscored that early conclusion of the
MoU would help manage surplus stocks and ensure uninterrupted supply to the
Philippine market.
In addition to rice, the commerce minister highlighted
Pakistan’s interest in expanding kinnow (mandarin) exports to the
Philippines and requested that related tariff issues be addressed through
appropriate forums, including the JEC.
Both sides reaffirmed their commitment to continued
coordination through diplomatic and commercial channels to translate
discussions into tangible outcomes, highlighting the shared goal of
strengthening Pakistan-Philippines trade ties in key agricultural sectors.
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