KARACHI: A Chinese delegation of grain traders, which is on a visit to Pakistan, has signed an agreement for the import of 1,500 tons of rice from Pakistan.
According to a press release, the 10-member delegation of the Guangdong Grain Association met with representatives of the Rice Exporters Association of Pakistan (REAP) at the head office of the Trade Development Authority of Pakistan (TDAP) here on Wednesday.
The business-to-business meeting of the two associations was arranged by the TDAP, which was held in a friendly atmosphere. The participants discussed issues related to rice exports to China and their possible solutions.
Earlier on March 23, the Chinese delegation visited a rice processing factory in Karachi, which was arranged jointly by the TDAP and REAP.
The delegates showed satisfaction over the quality of rice and standard of the processing factory. They will also visit Lahore and Islamabad in order to continue negotiations with the relevant authorities.
REAP has been continuously urging the government to take rice exports to China as the country can take a significant share in the lucrative Chinese market. Exporters say rice consumption in China is huge and it imports a considerable quantity from regional countries that are Pakistan’s rivals in international trade.Published in The Express Tribune, March 27th, 2015.
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