FPCCI for safeguarding interest of basmati rice growersJune 2, 2015
Karachi: Abdul Rahim Janoo, Sr. Vice President of The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the Federal Commerce Minister, Engr. Khurram Dastgir Khan, to thwart the Indian move to get its Basmati Rice registered and protected in global trade.
â€œThis is a high time for the Ministry of Commerce to pre-empt the Indian move because in case if India is succeeded, Pakistan will not be able to export its Basmati Rice in the name, style and title of BASMATIâ€.
Janoo further added that it would have a far reaching negative impact on Pakistan’s economy as rice holds an extremely important position in national economy. He elaborated that Pakistan had earned $ 2.1 billion dollar foreign exchange through exports rice in the year 2014 which is the second highest export item from Pakistan after Textiles. â€œPakistan is the world’s fourth largest producer of rice after China, India and Indonesia and millions of farmers rely on rice cultivation as a major source of employmentâ€, he informed.
He underscored the need for taking necessary measures to safeguard the interest of indigenous Basmati Rice farmers and exporters in general and national economy in particular in the said matter.