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REAP expects record rice export of $3b in 2023

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Rice Exporters Association of Pakistan (REAP) on Wednesday expected that this year, the export of rice will be above the record $ 3 billion, which is very encouraging.Last year 2021-22 the rice crop was destroyed due to the floods, because of which the export of rice has decreased, Chairman REAP, Chela Ram Kewlani told APP. Last year, he said the production of rice crops improved and there were also new opportunities in the emerging markets of different regions.

He said that facilities are given to rice exporters by the government, but due to the high tariffs in different countries, the export of rice has become a problem, so agreements with these countries are needed. Kewlani said that during the finalization of Free Trade Agreements (FTAs) with different countries, the rice sector should also be included so that the tariff lines will come down for rice exporters.—APP

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