Rice exports touched $3.9bn in 2023-24

Pakistan has, perhaps for the first time, touched the mark of $3.89 billion in earnings from rice exports, which were made possible mainly due to favourable weather conditions, availability of farm inputs and an Indian ban on export of non-Basmati rice. This was stated by founder of the Rice Exporters Association of Pakistan (Reap), Shehzad Ali Malik, while announcing the unopposed election of new Reap chairman Malik Faisal Jahangir here on Monday. Outgoing senior vice-chairman Haseeb Khan, Reap patron Pir Syed Nazim Shah, former chairman Shah­jahan Malik and others were also present on the occasion.