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Punjab to export rice worth $2b in current year

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The Punjab government will export rice worth $2 billion this year after meeting all legal requirements. According to a handout, issued by the provincial government on Thursday, overall rice worth $3 billion would be exported during the current year.

Official sources said that last year, rice worth $1 billion was exported, and compared to the last year, there would be 100 per cent increase in export of rice. Caretaker Punjab Chief Minister Mohsin Naqvi told a meeting that in the next two years, country’s export of rice could reach to the figure of $5 billion. He ordered for ensuring stability of cotton price.

Caretaker Punjab Minister for Trade SM Tanveer and Punjab Agriculture Secretary would contact the federal government in this regard.—APP

 

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