Rice Exporters Delegation seeks to increase exports to KSA

News Image

MG News | May 09, 2017 at 06:20 PM GMT+05:00

0:00

A 14 member delegation of Rice Exporters Association of Pakistan and Pak-Saudi Joint Chamber of Commerce and Industry will be travelling to Kingdom of Saudi Arabia to from 11-19 May for bilateral meetings in an attempt to increase rice exports to KSA.

The delegation will be headed by Shah Jahan Malik, Vice Chairman REAP. The Consulate General of Pakistan, Jeddah, Mr. Shahryar Akbar Khan has welcomed the visiting delegation and lauded the initiative of bilateral meetings to increase Pakistan-KSA trade. He outlined the plan of meetings which included meetings with chambers of Jeddah and Makah, Business to Business networking session and meetings with leading chains of supermarkets and hypermarkets of the Western region of KSA. 

The total Rice Exports to KSA amount to 1 Billion USD per annum. The President of Pak-Saudi Joint Chamber of Commerce, Mr. Mian Muhammad said that this is a great opportunity to increase the amount of rice exports to KSA.

Vice Chairman of Jeddah Chamber of Commerce and Industry has also ensured of a warm reception for the Pakistani delegates and also said that such endeavors are pivotal in increasing trade, commerce and investment between the countries. He also said that exports of rice form Pakistan have a huge potential because Pakistan Basmati Rice is famous for its quality, taste and aroma. This is the reason due to which Pakistani Rice is a favorite in KSA.

The efforts of REAP and PSJCCI have increased the demand for Pakistan basmati rice across the globe.

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg