Finance Minister praises REAP for boosting rice exports to $8bn

By MG News | July 11, 2024 at 10:14 AM GMT+05:00

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July 11, 2024 (MLN): Finance Minister Muhammad Aurangzeb yesterday appreciated the Rice Exporters Association of Pakistan (REAP) for their role in the bumper production and export of rice, which has raised the overall export volume to $8 billion.

During the meeting, representatives from REAP thanked the Finance Minister and briefed him on the growth of the agriculture sector, particularly rice crops.

They highlighted the strengths of their sector and presented some tax measures for consideration.

Muhammad Aurangzeb highlighted the pivotal role of the agriculture sector as one of the engines of economic growth, emphasizing its significance in driving national prosperity.

The Minister emphasized the importance of enhancing rice yields for improved quality and value addition.

He assured exporters of the Government's support, encouraging them to persist in their efforts to further strengthen Pakistan's position in the global market. The meeting concluded on a positive note with mutual commitment to fostering growth in the agriculture sector and maximizing export potential.

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