Rice Markets: Headline

Associated Press of Pakistan: Islamabad - Malaysia is expecting fourfold increase in import of Pakistani rice during the current year, Commercial Counselor for Pakistan High Commission Wajihullah Kundi said in Kuala Lumpur on Tuesday. According to a press release issued here, the Commercial Counselor said that Malaysian Padiberas Nasional Berhad (BERNAS) and its group of companies which are involved in the procurement and processing of paddy; as well as, importation, warehousing, distribution and marketing of rice in Malaysia has been actively engaging Pakistan to bring about fourfold increase in import of Pakistani rice. The objective is to diversify its import base of rice and to minimize its dependence on rice import from Thailand and Vietnam.

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