Friday, July 10, 2009

Pakistan becomes third largest rice exporting country: TDAP: The Nation

ISLAMABAD (APP) - Chief Executive of Trade Development Authority Of Pakistan (TDAP) Syed Muhaibullah Shah has said that Pakistan becomes the third largest rice exporting country in the world.
Talking to CNBC he said that Pakistan is the 12th largest rice producer in the world, however, due to best marketing and value addition, the country has achieved this position in the international markets,. He pointed out that country’s rice exports remained the second largest foreign exchange earner for the country after cotton.
“This is a great achievement and country’s rice sector achieved this position despite global recession, financial crunch and a very tough price competition in the international markets,” he added.
He said that the rice exporters adopted best strategy and explored new markets all over the world.
He advised the rice exporters to focus more on Asian and African markets to increase their exports. He pointed out that purchasing power in Asia is increasing and these markets could be more attractive for rice exports in future. “We should also focus the African markets, which have huge potential for our commodities mainly for rice exports”, he added.

For more on this article, please click on the following link: Pakistan becomes third largest rice exporting country: TDAP: The Nation

1 comment:

Jeech said...

Exporting goods is better than smuggling. Export everything before they are smuggled. Good luck to our GDP rate!!