SINGAPORE, Aug 18: Pakistan is likely to remove a minimum export price (MEP) of $750 per ton imposed on non-basmati rice to boost overseas sales after forecasts of a bumper harvest, a top industry official said on Monday.
“We are expecting the minimum export price on Irri 6 to be removed,” said Abdul Baseer, vice chairman of Pakistan Rice Exporters Association of Pakistan. “We are hopeful that a notification will come within this week.”—Reuters