PAKISTAN's Ministry of Commerce has asked the Ministry of Maritime Affairs to resolve the containers availability issue to facilitate rice exports, reports Karachi's Dawn.
Rice Exporters Association of Pakistan (REAP) informed the commerce ministry on January 11 that rice exports are impacted due to the non-availability of containers.
Shipping companies take empty containers from Pakistan to other destinations, causing the crisis.
The shipping lines are also charging unreasonable prices, making rice exports uncompetitive in the world market.
The commerce ministry shared the REAP letter along with a proposal that only 20 per cent of containers may be allowed to go empty from Pakistan and 80 per cent should be spared for Pakistani export cargo.
It requested the Ministry of Maritime Affairs to take immediate action.
The export of basmati rose 45 per cent and 32 per cent in terms of quantity and value to 294,196 tonnes valuing US$261 million in from 202,223 tonnes worth $196 million in the same period last fiscal year.
SeaNews Turkey
Rice Exporters Association of Pakistan (REAP) informed the commerce ministry on January 11 that rice exports are impacted due to the non-availability of containers.
Shipping companies take empty containers from Pakistan to other destinations, causing the crisis.
The shipping lines are also charging unreasonable prices, making rice exports uncompetitive in the world market.
The commerce ministry shared the REAP letter along with a proposal that only 20 per cent of containers may be allowed to go empty from Pakistan and 80 per cent should be spared for Pakistani export cargo.
It requested the Ministry of Maritime Affairs to take immediate action.
The export of basmati rose 45 per cent and 32 per cent in terms of quantity and value to 294,196 tonnes valuing US$261 million in from 202,223 tonnes worth $196 million in the same period last fiscal year.
SeaNews Turkey
