Sri Lanka raises duty on rice

Published March 11, 2003

KARACHI, March 10: The Rice Exporters Association of Pakistan (REAP) has urged Commerce Minister Humayun Akhter Khan to take up the issue of enhanced duty rates on rice with the Sri Lankan government.

In a letter addressed to the commerce minister, REAP chairman Abdul Rahim Janoo pointed out that Sri Lanka few months back allowed the private sector to import rice and reduced the import duty on rice from Rs7 per kg to Rs5.

As a result of reduction in import duty, he said, there was substantial increase in rice export, particularly of Irri-6, and monthly shipment to Sri Lanka averaged around 6,500 tons during last few months, as compared to mere 300-400 tons during the period before duty reduction.

However, Sri Lanka has again increased the import duty from Rs5 per kg to Rs7 from March 10, 2003. This will give a blow to coarse rice exports, he added.

He suggested to the minister to discuss the matter with Sri Lankan government with whom a free trade agreement is to be signed.

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...