Rafique Suleman, Senior Vice Chairman, Rice Exporters Association of Pakistan (REAP) who is on a visit to Indonesia has issued an statement that recently another tender of 150,000 M/Tons of 5% and 15% Pakistani White Rice issued by Indonesian state owned body, BULOG, has been awarded to (08) Pakistani Rice Exporters namely, Garibsons (Pvt) Ltd, Hassan Ali Rice Export Company, Meskay & Femtee Trading Compnay (Pvt) Ltd, K.K. Rice Mills (Pvt) Ltd, M.M. Commodities, Al Hamza Trading Compnay, Conwill Pakistan (Pvt) Ltd and Kangore Traders. The said Rice Exporters will supply as per following to BULOG in which 5% Broken @ US$460 and 15% Broken @ US$450 totaling 150,000 M/Tons in current year. This all has been done due to the dedication and hard work of Ministry of Commerce and Pakistani Rice Exporters who are working day and night for the betterment of Rice Trade and earn foreign exchange for our beloved country:
Further, Mr. Rafique Suleman, Senior Vice Chairman REAP requested BULOG to include more exporters from Pakistan in upcoming tenders on which they have assured to include the same. It is an honour for Pakistani Rice Exporters that a state owned body of Indonesia, BULOG put their confidence on private sector by giving this large quantity tender for Pakistani white Rice. As a result of this tender, Pakistan will earn approx. US$70 Million which will help to decrease trade deficit and improve country’s economy as well.
REAP delegation will return back to Pakistan on Saturday, afterward another important REAP’s trade delegation is in pipeline which will visit Saudi Arabia in first week of May 2018. Saudi Arabia is a very potential market for Basmati rice.
