KARACHI, March 6: A rice exporters' delegation will be leaving on Tuesday for India to sign Memorandum of Understanding (MoU) for cooperation with their counterpart trade body.
The twenty-six members Rice Exporters Association of Pakistan (REAP) will be led by its former chairman Abdul Rahim Janoo. During their week-long stay the delegation members, besides meeting Indian Prime Minister will also see Commerce and Finance minister and some chief ministers.
The delegation will also visit International Basmati Congress. The visiting rice exporters team will look for quality rice machinery, par boiled machinery and other rice milling machineries.
During their recent meeting with Prime Minister Mir Zafarullah Khan Jamail, they were advised to enhance rice export up to one billion dollars by year 2007, and become members of 'A billion Dollar Club.'
There is a growing realization among rice exporters that without going into value-addition they could not fetch better price for the produce in the world market.
Abdul Rahim Janoo on behalf of the RECP would sign a Memorandum of Understanding with all India Rice Exporters Association to cooperate and remove obstacles in rice trading, if any, faced by the two countries.
