Global Rice News

Malaysian Consul General in Karachi Encourages Trade Relations with Pakistan

In a recent meeting with members of the Hyderabad Chamber of Commerce and Industry (HCCI), Malaysian Consul General in Karachi, Herman Hardynata bin Ahmad, revealed that a free trade agreement has been established between Malaysia and Pakistan. Under this agreement, approximately 10,000 Pakistani products and 6,000 Malaysian products will benefit from reduced trade barriers.

Promoting Academic Opportunities and Tourism

During the meeting, the consul general expressed his desire to facilitate increased academic opportunities for Pakistani students in Malaysia. While several Memorandums of Understanding (MoUs) have been signed between the two countries, formal government-level agreements are necessary to fully support academic exchanges.

Furthermore, the consul general highlighted the untapped tourism potential in various areas of Pakistan, particularly its rich coastline in Karachi. He emphasized the importance of developing this resource to attract domestic and international tourists.

Enhancing Rice Trade

To boost bilateral trade, the consul general proposed increasing the import of Pakistani rice into Malaysia. He also suggested that Pakistani exporters utilize Malaysian ports as a transit facility for trade with other countries. By leveraging Malaysia’s strategic location, Pakistani exporters can gain easier access to global markets.

Trade Imbalance Challenges

Despite the optimistic outlook, HCCI President Adeel Siddiqui acknowledged the existence of a substantial trade imbalance between Pakistan and Malaysia. While the Pakistani government offers various guarantees to promote trade, efforts to bridge the gap must be intensified.

Seizing Opportunities for Growth

Pakistan’s vibrant business community has numerous opportunities to explore. With its diverse range of products, including rice, the country can further strengthen its export sector. For rice suppliers and exporters in Pakistan, platforms like HAS Rice Pakistan and Pakistan Rice can offer valuable support and connections.

HAS Rice Pakistan is a renowned supplier and exporter of rice, offering a variety of options such as white broken rice and 25% broken rice. They provide consistent quality and competitive prices, making them a preferred choice for buyers worldwide. Additionally, they offer valuable market insights, including information on Pakistani rice prices and the latest trends in the industry.

For those interested in basmati rice, Pakistan Rice is a reputable supplier with a wide range of options. Their basmati rice is known for its exquisite flavor and aroma, making it a sought-after choice in international markets. They offer a comprehensive basmati rice price list to assist buyers in making informed decisions.

Looking Ahead

With the collective efforts of Pakistani exporters, rice mills, and rice suppliers in Pakistan, the country can further boost its rice exports and contribute to economic growth. By establishing strong business relationships with reliable partners like HAS Rice Pakistan and Pakistan Rice, the Pakistani rice industry can reach new heights on the global stage.

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