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Market Watch

Iran to procure 45,000 tonnes Pak rice after Ramazan

ISLAMABAD-Iran has agreed to procure 45,000 tonnes of rice from Pakistan.
This was disclosed by the visiting Iranian Minister for Agriculture and Plant Protection in a meeting which was chaired by Abdul Razak Dawood, Federal Minister for Commerce, Industries and Production, here today.

Understanding to buy Pakistani rice was reached during the meeting of Iranian Foreign
Minister with President of Pakistan General Pervez Musharraf when the minister visited Pakistan in November, last. Iranian Minister said that after Ramazan the process of implementation of procurement will start.
 
The delegation of Grain Trading Corporation (GTC) of Iran will visit Pakistan after Ramazan to procure the rice consignment. Mr. Razak Dawood while giving an over view of the trade with Iran, apprised the delegation that since coming in of this Government the quantum of imports from Iran have tangibly increased but the exports to Iran have decreased.

He said, during his visit to Iran in July this year, he discussed with his Iranian
Counterpart the matters pertaining to export of wheat, rice and citrus fruit.
Mr. Razak said our wheat is of international standard and diseased free but he desired that Iranian technical delegation must satisfy themselves before finalizing the deal of procurement of 0.2 million tonnes of wheat and Pakistani experts will facilitate them in this respect.

The meeting was also attended by the Federal Minister Agriculture Mr. Khair Muhammad Junejo, Chairman, NARC and other higher officials of Commerce and Agriculture Ministries.

 January  2, 2002

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