Pakistan. Reap vows to take rice exports to $4 billion by 2020

03.10.2016

The newly-elected office-bearers of the Rice Exporters Association of Pakistan (Reap) took charge of their offices at the 18th Annual General Meeting held Friday night with pledge to take the rice exports to USD 4 billion per annum by year 2020 from the present level of USD 2 billion per annum. Mahmood Baqi Moulvi took charge as Reap Chairman for 2016-17 from the outgoing Chairman Ch. Muhammad Shafique while Shahjahan Malik and Bilal Muhammad came in as Senior Vice Chairman and Vice Chairman respectively. Haji Abdul Rauf Chappal will be the treasurer for the year 2016-17.

Speaking on this occasion Mahmood Baqi Moulvi claimed that the government would soon be giving a special rebate to the rice sector's stakeholders. He said he would be introducing the culture of austerity in the Association. Appreciating the efforts of the outgoing office-bearers, he said that he and his team would try to follow in their footsteps and work for the promotion of rice exports. Patron in Chief Reap Abdur Rahim Janoo in his address demanded that the government should take one representative of the rice exporters in the board of the Export Development Fund (EDF). 'They have over Rs 7 billion contribution in the EDF by REAP members and not giving representation to this sector which is the second biggest foreign exchange earner for the country,' he added.

He also urged the REAP members to fully participate in the upcoming 'Biryani Festival' being arranged by the Association in Indonesia to tap that high potential market.

Chairman Founders Group (North) Shahzad Ali Malik in his address congratulated the Reap outgoing team for its performance. He also talked about contribution of his company in introducing a rice variety which doubled the per acre yield of coarse variety. He disclosed that his company will be introducing a new better yield variety very soon and invited whole REAP team to visit their factory for its demonstration. Outgoing Chairman Chaudhry Muhammad Shafique said that the rice sector was facing three big problems when he took over the charge of REAP last year. These include opening up of Iran market for Pakistani rice, reviving the dead Basmati rice export and setting up of a rice technical training institute. He disclosed that he took three delegations to Iran, China and Kuwait which were the high potential markets. He disclosed that rice export with Iran had revived and a currency exchange mechanism was being formulated by the government and was in the final phase. He claimed that the Chinese market was also giving encouraging results while the REAP had signed an MoU with the Technical Education and Vocational Training Authority (TEVTA) to train the required manpower for rice sector. He also said that an agreement with Indonesia had also been signed.

The Managing Committee members from North and South Zones of the Association, former LCCI President Mian Anjum Nisar, Pir Nazim Hussain Shah former Reap Chairman Ch. Masood Iqbal, Javed Islam Agha, Taufiq Khan, LCCI Executive Committee Member Ali Hussam and others were also present on the occasion.


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