The Pakistan Rice Exporters delegation is searching the opportunities to increase exports to the Saudi market.

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In a meeting organized by Asharqia Chamber.
The Pakistan Rice Exporters delegation is searching the opportunities to increase exports to the Saudi market.
              Member of the Board of Directors of Asharqia Chamber Abdulaziz bin Muhammed Al Uthman stressed the importance of trade relations between the Kingdom and Pakistan.
Al Uthman said in a meeting of the delegation of the Pakistani Rice Exporters organized by Asharqia Chamber on Wednesday, May 17, 2017 chaired by Shahjhan Malik, Vicar of the federation, and the presence of the Secretary General of the Chamber Abdul Rahman bin Abdullah Al Wabel and the Chairman of the Saudi mutal Chamber Mian Mahmoud that the Kingdom is a major importer of Pakistani rice, The annual value of Saudi imports of various types of Pakistani rice is up to 350 million riyals in 2015, pointing the chances of increasing the exports of Pakistani rice to the Saudi market, where the total consumption of rice from the Kingdom about 5.8 billion riyals Saudi for the same period.
For his part, Malik focused on the quality of Pakistani rice, saying that basmati rice is good quality and is well known throughout the world. This good reputation contributed to Pakistan average annual production of basmati rice about 2 million tons, of which more than 50,000 tons were exported to Saudi Arabia. The total rice production in Pakistan is more than 6.5 million tons per year, with the export value of one ton of Pakistani basmati rice estimated at $ 1,000.
"Pakistan has started to upgrade the rice processing plants significantly to improve its quality and productivity," he said. "Many new rice processing plants have emerged over the past five years with investments of more than $ 100 million.
He pointed that the amount of the mutual trade between the two countries is up to about 12.2 billion riyals in the year 2015, while the value of Saudi imports from Pakistan about 2.1 billion riyals, and the value of exports to Pakistan about 10.1 billion riyals, saying that the delegation represents the major rice producers and exporters in line with the food security  program of the Kingdom, which is focused on in the framework of the Saudi vision 2030.