Rice exports exceed $2bn mark

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KARACHI: The rice exports have exceeded $2 billion mark in the fiscal year 2017/2018, said a statement on Wednesday issued by Rice Exporters Association of Pakistan (REAP).
During fiscal year 2017/2018 the country exported 4.02 million tons of rice, which is 16.6 percent higher than 3.44 million tons in the preceding year.
In terms of value the exports registered 27.7 percent during the fiscal year under review.
Senior Vice Chairman of REAP Rafiq Suleman said that the government should initiate duty concession regime with Kenya.