Pakistan would be exporting extra 500,000 tons of rice to China.
The advisor to the PM on Commerce, Textile and Industry, Abdul Razak Dawood said on Wednesday that Pakistan has completed the export target of 250,000 tons to China, as per the reports of local media.
The rice was exported under the incentive package of $1 billion. This package was duty-free and was offered by China for Pakistan to boost its exports.
To complete the target of the allotted quota, Pakistan has contacted the government of China to permit Islamabad to export an additional 500,000 tons of rice to Beijing.
Abdul Razak Dawood said that the request of Pakistan was accepted by the government of China. The adviser called on to the rice exporters to take advantage of this opportunity.
Previously, back in the month of July, a delegation of the Rice Exporters Association had called on Abdul Razak Dawood. The delegation has thanked the adviser over taking measures for removing the ban on rice exports to Qatar.
While expressing his views on the occasion, he had urged the Rice exporters Association to take benefit from the markets of Iran and Qatar.
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