Pakistan secures $400 million rice export pact with Indonesia

[insight-out]

Forget poltics Bro. You won't even look at Thai rice after you taste ours. I have tasted both. I just hope they don't screw up in quality control during export. When Pakistani rice is cooking you can tell the moment you enter home filled with sweet aroma.

It really is a matter of taste. I know people who do not like the aroma of basmati

 

[Indos]

I am surprised Indonesia is importing rice from anyone. From what I know Indonesia is itself a major rice producer.

And FYI, Thailand's Jasmine rice is a very different variety from Pakistan's Basmati. They look, taste and smell different.

There are 250 million people in here, so sometime we import if the stock is low, which is actually done to control the price and inflation.

High premium rice is also imported in small quantity if there is demand on it.

Like maybe Japanese rice for Japanese expat and restaurant in Jakarta.

 

[Khan_21]

On another positive note with regards to indonesia with Pakistan is visa on arrival for Pakistani tourists. It may will take effect soon.

From Valuewalk (cant post the links due to low posts)

''On Monday, Indonesia’s Coordinating Maritime Affairs Minister Rizal Ramli confirmed the expansion of the visa-free policy to additional 84 countries effective this week. According to him, the total number of countries under the policy is 174.

According to Rizal, some of the countries added to Indonesia’s visa-free policy include: Australia, Albania, Armenia, Bangladesh, Brazil, Bhutan, Bosnia-Herzegovina ,Cameroon, Costa Rica, El Salvador, Honduras, Georgia, Macedonia, Mauritius, Mongolia, Mozambique, Namibia, Pakistan, Paraguay, among others.''

 

[naveen mishra]

ISLAMABAD: Pakistan has concluded an agreement with Indonesia to export one million metric ton of rice, estimated at around $400 million over four years, a government statement said on Thursday.

The agreement for export of rice will be implemented by Trading Corporation of Pakistan (TCP) and Indonesian government organisation BULOG (State Logistic Agency), a statement issued by the Commerce Ministry said.

The TCP has finalised the first tender of 15,000 metric tons of rice export to Indonesia, which includes 5,000 metric tons of basmati rice and 10,000 metric tons of non-basmati rice.

The finalisation of this tender has a positive effect on the rice prices in Pakistan and the prices have started to stabilise.

Commerce Minister Khurram Dastgir Khan said that the export order of one million metric ton would end the uncertainty prevailing in the domestic rice market and lucrative prices would prove to be an impetus for growers to expand rice production in the coming years.

Dastgir said the Commerce Ministry in collaboration with the Ministry of National Food Security and Research will bring in new legislation for high yielding varieties of rice and law for Geographical Indication for Pakistani basmati rice.

Pakistan was the first country out of the Association of South East Asian Nations (ASEAN) to have rice export agreement with Indonesia.

Pak-Indonesia trade rose 215 percent to 2.2 billion in 2014 from 700 million in 2010 after the conclusion of Preferential Trade Agreement.

Earlier Indonesian government said it mulling to import rice from Pakistan amid low rice stocks following a prolonged dry season.

Indonesian Trade Minister Thomas Lembong said his government was preparing a government-to-government Memorandum of Understanding (MoU) on rice imports with the Pakistani government. The

Indonesian rice planting season had been put back from October to November because of last year’s prolonged El Nino. As a result, harvest time in several areas across Indonesia suffered delays, leading to depleted rice stocks in the first quarter of 2016. The government there calculated that it has only 1.35 million tons of rice in March. Normally, the government has 1.5 million tons of stocks. To fulfill the shortage of rice, the government was keen to sign import MoUs with Myanmar and Pakistan.

Indonesian officials said the agreements were a precaution measure to anticipate reduced rice stocks, which could in turn lead to surging prices of basic commodities.

The estimated domestic production of rice at the end of March this year will be 1.35 million tons in the Southeast Asian country.

- See more at: Customs’ revenue collection surges 7.5pc to Rs499bln in July-Dec | Business | thenews.com.pk

Are we even growing enough to fulfill the needs of our own people or is this the case of give to who pays the highest price?

yahoo will get basmati in lower price ,

presently buying at price 20 droller / 5kg ,

only mehran is available ,

Interesting development as we usually import rice from Thailand. Maybe politics is played as well to favor Pakistan products.

will also get some relief , because we like low starch rice and Asian prefer high starch rice ,so we are buying rice at really high price which is importing from India( via Singapore ) or Pakistan

 

[Dubious]

Balochistan has Sufficient stocks of wheat

Sufficient stock of wheat in Balochistan, says Food Minister - HamaraQuetta

and other provinces too no one will be hungry

Minister National Food Security: over 1.54 million ton stock of wheat available – Daily Messenger

good to know!

 

[Red Wolf]

In China, it is actually the opposite. Except fried rice, cooked rice, if grains don't stick (as long as not too sticky), is considered poor quality. It would be what my dad used to call "early crop rice". In southern China, it is possible to have 3 crops of rice each year. The last one is usually the best and has some stickiness. The early one is of poor quality because it grows very fast.

Last time my dad visited me, I bought some Indian Basmati rice. He hated it for this reason.

The first harvest, or "early crop", is likely to have lower levels of inorganic arsenic. The last harvest would be exposed to the highest levels of toxicity in the soil and will likely have the most inorganic arsenic.

Levels of inorganic arsenic in various varieties of rice. (PDF)
Source: Consumer Reports

Rice: How Safe Is Our Food? (Channel 4 — Dispatches)
Alternative:

 

[razgriz19]

chinese prefer sticky rice because its easier to eat it with chopsticks.

 

[tarrar]

That's good news, but Pakistan needs to start packing of their products with in Pakistan before exporting them to other countries. India is re branding Pakistani products in Dubai & are using their name on our Rice, Mango's & even oranges as I am witnessing this myself here in the Mid East. All the game is been played in Dubai Sea port.

When Gawadr port goes fully functional, all Pakistani products should be packed in the port or in other packaging facilities before getting shipped to other countries.