Russia likely
to lift ban on Pakistani rice
By admin
December 25, 2019
Observer Report
Karachi
Russia is expected to lift a yearlong ban on rice imports from
Pakistan as concerns about the grain phytosanitary standards have been allayed,
brightening prospects of reopening of $50 million market, a government official
said on Monday.
The official at Trade Development Authority of Pakistan said Russian government is likely to lift the ban on grain imports from Pakistan, as state-owned Department of Plant Protection implemented the compliance program for export of rice to the Russian Federation
“The implementation of compliance program will ensure export of pest-free grains to Russia,” the official said, requesting anonymity.
The Department of Plant Protection has sent a detailed report to Federal Service for Veterinary and Phytosanitary Surveillance of the Russian Federation, elaborating measures that have been taken to prevent the proliferation of the Trogoderma granarium, also called cabinet or khapra beetle, in products supplied to milling, processing, storage, and packaging facilities in Russia.
Earlier this year, Russia had imposed a temporary ban on import of rice from Pakistan on a claim that khapra beetle was found in a batch of rice.
This was despite the fact that the consignment was duly cleared by the Department of Plant Protection, which issues sanitary and phytosanitary certificates to each grain consignment moving outside the country. After the ban, Russian side had asked for information on measures taken to prevent the proliferation of the beetle in products supplied to Russia and information about zones in Pakistan free from the beetle.
“Russian side has been informed that there is no specific area in Pakistan, which is free from Trogoderma granarium beetle,” the official said.
“The implementation of compliance program will help in exporting pest-free rice to Russian Federation. Russian side has also been requested for a meeting of experts of both sides too.” Pakistan exported approximately 35,000 tons worth $40-50 million of rice and other grains to Russia per annum.
Rice is one of the main exports of Pakistan, fetching the country more than two billion dollars in a year. According to latest available numbers, exports from Pakistan to the Russian Federation in the month of July 2019 increased 15.14 percent and equaled $24.15 million as opposed to $20.97 million in the same month of the previous year. Pakistan’s imports from Russia decreased from $23.95 million to $10.6 million, depicting a decline of 55.83 percent. Bilateral trade fell 22.7 percent in July 2019 compared to the same month of the previous year, reaching $34.73 million from $44.93 million. Monthly trade balance amounted to $13.57 million in favour of Pakistan.
The official at Trade Development Authority of Pakistan said Russian government is likely to lift the ban on grain imports from Pakistan, as state-owned Department of Plant Protection implemented the compliance program for export of rice to the Russian Federation
“The implementation of compliance program will ensure export of pest-free grains to Russia,” the official said, requesting anonymity.
The Department of Plant Protection has sent a detailed report to Federal Service for Veterinary and Phytosanitary Surveillance of the Russian Federation, elaborating measures that have been taken to prevent the proliferation of the Trogoderma granarium, also called cabinet or khapra beetle, in products supplied to milling, processing, storage, and packaging facilities in Russia.
Earlier this year, Russia had imposed a temporary ban on import of rice from Pakistan on a claim that khapra beetle was found in a batch of rice.
This was despite the fact that the consignment was duly cleared by the Department of Plant Protection, which issues sanitary and phytosanitary certificates to each grain consignment moving outside the country. After the ban, Russian side had asked for information on measures taken to prevent the proliferation of the beetle in products supplied to Russia and information about zones in Pakistan free from the beetle.
“Russian side has been informed that there is no specific area in Pakistan, which is free from Trogoderma granarium beetle,” the official said.
“The implementation of compliance program will help in exporting pest-free rice to Russian Federation. Russian side has also been requested for a meeting of experts of both sides too.” Pakistan exported approximately 35,000 tons worth $40-50 million of rice and other grains to Russia per annum.
Rice is one of the main exports of Pakistan, fetching the country more than two billion dollars in a year. According to latest available numbers, exports from Pakistan to the Russian Federation in the month of July 2019 increased 15.14 percent and equaled $24.15 million as opposed to $20.97 million in the same month of the previous year. Pakistan’s imports from Russia decreased from $23.95 million to $10.6 million, depicting a decline of 55.83 percent. Bilateral trade fell 22.7 percent in July 2019 compared to the same month of the previous year, reaching $34.73 million from $44.93 million. Monthly trade balance amounted to $13.57 million in favour of Pakistan.
Russia
Expected to Lift Yearlong Ban on Pakistani Rice
It is expected that Russia will lift a yearlong ban on rice
imports from Pakistan. The concerns relating to the grain phytosanitary standards have
been dispelled. This has opened the prospects of the reopening of a $50 million
market, as per a government official.
A Trade Development Authority of Pakistan official said that the
Russian government might lift the ban on the import of grains from Pakistan.
The state-owned Department of Plant Protection did implement the compliance
program for rice export to the Russian Federation.
The official said, “The implementation of the compliance program will ensure export of pest-free grains to Russia.”
The official said, “The implementation of the compliance program will ensure export of pest-free grains to Russia.”
A detailed report was sent by the Department of Plant Protection
to the Federal Service for Veterinary and Phytosanitary Surveillance of the
Russian Federation. The measure that has been taken to prevent the Trogoderma
granarium proliferation also known as a cabinet or khapra beetle in the products
supplied to milling, processing, storage, and packaging facilities in Russia.
A temporary ban was imposed on the rice import from Pakistan,
earlier this year. It was banned on the pretext that khapra beetle was found in
a batch of rice. This happened, despite the fact that the Department of Plant
Protection, which issues sanitary and phytosanitary certificates to each grain
consignment moving outside the country cleared the consignment.
Following the ban, the Russian side has asked for info on the
measure that can be taken to prevent beetle proliferation in products that are
supplied to Russia and information regarding zones in Pakistan free from the
beetle.
The official said, “Russian side has been informed that there is
no specific area in Pakistan, which is free from Trogoderma granarium beetle.“The implementation of the compliance program will help in exporting pest-free rice to Russian Federation. The Russian side has also been requested for a meeting of experts of both sides too.”
Darakhshan Anjum
Media coordinator and junior
editor at RS-NEWS, I studied mass communication and interested in social, local
and community issues, I have 3 years experience in the media industry.
Market watch: Index bounces back in phenomenal rally
Published: December 24, 2019
Benchmark index increases 0.80%
to settle at 40,328.32. PHOTO: AFP
KARACHI: The bourse shed worries of the preceding
session and cautiously crawled in to the green zone on Tuesday, in anticipation
of positive economic outlook, surging global crude oil prices, and easing
circular debt crises.
The KSE-100 opened upward, however, the
momentum could not be sustained and soon after the first hour, the index fell
below the 40,000 level. Investors remained wary following developments in the
past few days, which was a primary reason for the decline.
Later in the day, the index managed to
post a decent recovery as it advanced from an intra-day low of 553 points to
finish the session 320 points up. The somewhat bullish trend came the
International Monetary Fund staff report became public, which stated that the
country’s economic reform programme is on track, however, risks remain
elevated.
At close, the benchmark KSE 100-share Index
recorded an increase of 320.03 points, or 0.80%, to settle at 40,328.32.
JS Global analyst Danish Ladhani said
equities closed Tuesday on a positive note with the benchmark KSE-100 Index
gaining 320 points, closing at 40,328 levels as investors remained apprehensive
over the prevailing political situation after detailed verdict.
OGDC (+2.6%), HUBC (+1.5%), PPL (+1.2%),
LUCK (+1.8%), ENGRO (+0.6%), HBL (+0.5%), PSO (+1.5%) and POL (+0.9%)
cumulatively contributed towards the positive index close.
“However, we expect market will remain
volatile and choppy in short-term due to political uncertainty, expiry of
future contract and lack of immediate triggers,” he added.
Topline Securities, in its report, stated
that the during the initial trading hours index reached an intraday low of
39,455 level, however, it recorded an astounding recovery of 873 points from its
low on the back of positive outlook given by the IMF in the first review.
“Matco foods Limited (MFL) closed at its
upper circuit on back of expected lift of ban on Pakistan rice export to
Russia, a $50 million potential market as per news reports.”
Overall, trading volumes increased to 236.2
million shares compared with Monday’s tally of 179.1 million. The value of
shares traded during the day was Rs8.75 billion.
Shares of 358 companies were traded. At the
end of the day, 213 stocks closed higher, 124 declined and 21 remained
unchanged.
Fauji Foods was the volume leader with 25.9
million shares, gaining Rs0.54 to close at Rs14.33. It was followed by Unity
Foods with 13.4 million shares, gaining Re1 to close at Rs14.97 and Bank of
Punjab with 11.8 million shares, losing Rs0.15 to close at Rs11.40.
Foreign institutional investors were net
sellers of Rs281.9 million worth of shares during the trading session,
according to data compiled by the National Clearing Company of Pakistan.
Healthy golden
rice
December 24, 2019
THE Philippine government has
approved the safety allow of Golden Rice (GR2E) for Food, Feed,
and Processing (FFP) use when it over that the
genetically changed crop, that seeks to cut
back vitamin A deficiency (VAD), is as “safe” for human
consumption because of the typical staple.
In a 22-page consolidated report,
the Bureau of Plant Industry (BPI) noticed that the Department
of Health-Biosafety Committee (DOH-BC) over that GR2E “will not
cause vital adverse health effects to human and animal health.”
Furthermore, the
report same consumption of GR2E “is unlikely to lead to a
hypersensitive reaction.”
The
report, printed recently, said, “The regulated article is as safe
and alimental as food or feed derived from typical rice varieties.”
The regulators’
approval came around 2 years when GR2E’s proponents,
the Philippine Rice analysis Institute (PhilRice) and also
the International Rice Research Institute (IRRI), applied for
the safety allow.
The IRRI delineate the
FFP approval for GR2E as a “regulatory milestone within the journey
to develop and deploy” the weight unit crop within
the Philippines.
IRRI said the
Philippines is currently among the few countries that have recognized
GR2E as safe for human consumption when Australia, New Zealand, Canada and
also the U. S.
It’s regarding time—Tolentino
Former IRRI Deputy Director
General and currently financial member V. Bruce
Tolentino same the approval of the GR2E has been “delayed” for
this long, depriving Filipinos of a viable choice to combat VAD.
“It’s regarding time.
It’s been a lot of delayed. Australia, New Zealand, Canada,
and Bangladesh already approved it. We tend to start
the analysis and nevertheless, we tend to are insulating
material behind,” Tolentino told the Business Mirror.
Biotechnology Coalition of the
Philippines Executive Secretary Abraham Manalo said GR2E is that
the “first” domestically developed GM crop approved
for FPP within the country.
Manalo another that
the compactness has already approved around sixty events
for FFP from crops, like corn, soybean, cotton, potato, sugar
beet, that are all developed abroad. “This approval of a Pinoy
biotech product could be a testament to science-based regulation in
our country,” he told the Business Mirror.
IRRI same VAD among
Filipino kids aged six months to
5 years exaggerated from 15.2 % in 2008 to
20.4 % in 2013 despite the booming public health
interventions, like oral supplementation, complementary feeding, and
nutrition education.
Government
readies mechanization program for farmers
Louise Maureen
Simeon (The Philippine Star) - December 25, 2019 - 12:00am
MANILA, Philippines — The
Philippine Center for Postharvest Development and Mechanization (PhilMech)
continues to conduct simultaneous training courses nationwide as it
prepares Filipino farmers to be globally competitive amid a liberalized rice
trade regime.
Under the Rice Competitiveness
Enhancement Fund (RCEF), PhilMech has set a yearly budget of P5 billion for the
next six years to provide farmers cooperatives and associations (FCAs) with
farm machines in a bid to increase yield, productivity and income.
PhilMech said two batches
totaling to 63 participants have satisfactorily completed the training course
last September and have become rice mechanization specialists.
“They have undergone the
necessary training that have developed them into becoming resource speakers for
several training courses on rice mechanization,” it said.
This was followed by another
training course that allowed beneficiaries to learn how to operate and maintain
the machines that will be provide for them in order to achieve the desired
output while maximizing utilization.
According to the Technology
Management and Training Division of PhilMech, a total of 26 batches consisting
of 519 FCAs and 1,101 operators nationwide had undergone training on the operation
and maintenance of rice machinery.
Researchers Use Banana Skin to Develop Packaging Material
Biodegradable ‘plastic’ bags created
out of banana plants sounds a bit
bananas, however, a couple of UNSW researchers
have discovered a way to do it, and it could solve two industrial
waste problems in one.
Two at UNSW Sydney have found a novel approach to
convert banana plantation waste into packaging fabric that is not only biodegradable but also recyclable. Professor Martina Stenzel
and Associate Professor Jayashree Arcot
were working on methods to turn agricultural
waste into something that
might add value to the trade it came from while probably solving issues for another.
A good contender was the
banana rising trade, which, according to A/Prof Arcot, produces massive amounts of natural waste, with merely 12% of the plant being used (the fruit). In contrast, the rest is discarded after harvest.
A/Prof Arcot and Prof Stenzel questioned whether the pseudostems could be valuable sources of cellulose—a crucial
structural component of plant cell walls—that could be utilized in packaging, paper products, textiles,
and even medical applications akin to wound therapeutic and drug delivery.
Using a reliable supply of pseudostem materials from banana
plants grown on the Royal
Botanic Garden Sydney, the pair set to
work in extracting cellulose to test its compatibility
as a packaging option.
Arcot said she and Prof
Stenzel have confirmed in exams that the material breaks down organically after placing ‘films‘ of the
cellulose material in the soil for six
months. The outcomes confirmed that
the sheets of cellulose had been well on the way to
disintegrating in the soil samples.
Other applications of
agricultural waste that the duo has looked at are within the cotton sector and rice-growing sector—they’ve extracted cellulose from waste cotton
gathered from cotton gins as well as rice paddy husks.
Malaysian
researchers focus on resilient crops
Malaysian
researchers go against the grain in their search for sustainable food
production.
24
Dec 2019
·
·
MORE
ON ASIA PACIFIC
Food
scientists in Malaysia are working to reduce the world's dependence on four
major crops.
Wheat,
corn, rice, and soybeans provide two-thirds of the global food supply and there
are fears population growth and climate change could cause shortages.
Al
Jazeera's Florence Looi reports from Semenyih, in western Malaysia.
ING sees benign inflation in 2020
·
·
·
·
The
local unit of Dutch financial company ING Bank expects inflation to remain
benign in 2020 as the Rice Tariffication Law will continue to temper the price
of the staple.
ING
Bank Manila senior economist Nicholas Mapa said in a report that Republic Act
No. 11203, or the Rice Tariffication Law, was “possibly the single most
effective inflation fighting development in 2019 and will likely help keep
inflation in-check going into 2020.”
“Thus,
with the ability to import rice on demand and better weather ahead [no El Niño
forecast in 2020], we can expect inflation to bounce and settle in 2020,
gradually rising towards Bangko Sentral ng Pilipinas’ 3 percent inflation
target and average 3.2 percent in 2020,” Mapa said.
Mapa
said inflation was the bane in 2018 after it surged to 6.7 percent amid a
shortage in rice supply and severe weather disturbances (typhoon Ompong) that
pushed the price index for food to as high as 9.7 percent.
The
all-important staple of rice was in the spotlight, recording double-digit
inflation as supplies dwindled on late importation.
“The
passage of RA 11203 or the law that removed quotas on rice imports has helped
replenish the stock of local rice, forcing prices downward and helping
stabilize a good 10 percent of the CPI basket,” Mapa said.
The
BSP expressed optimism last week that inflation rate would continue to be
benign until 2022, as demand-induced price pressures were likely to remain
manageable over the target horizon.
The
interagency Development Budget Coordination Committee, in its meeting on Dec.
11, decided to keep the current inflation target at 2 percent to 4 percent for
2020 to 2022. The government’s inflation target is defined in terms of the
average year-on-year change in the consumer price index over the calendar
year.
“The
announcement of the inflation target is in line with the BSP’s commitment to
transparency and accountability as well as the forward-looking approach
in the conduct of monetary policy,” the BSP said in a statement.
“The
3.0 percent ± 1.0 percentage point inflation target for 2020 to 2022 continues
to be an appropriate quantitative representation of the BSP’s medium-term price
stability goal that is conducive to the balanced and sustainable growth of the
Philippine economy,” it said.
It
said the latest inflation forecasts indicated within-target inflation over the
policy horizon, even as the balance of risks to the inflation outlook continued
to lean slightly toward the upside in 2020 and toward the downside in
2021.
“While
price volatilities cannot be ruled out, inflationary impulses from
international commodity prices are expected to remain modest. This expectation
is supported by the current assessment of favorable demand-supply balance and
lower pass-through to domestic inflation of exchange rate and international
commodity price inflation,” it said.
“Similarly,
demand-induced price pressures are likely to remain manageable over the target
horizon. Improved productive capacity of the domestic economy, fueled by higher
infrastructure investments by the national government alongside the
implementation of purposeful structural reforms, implies continued robust economic
growth amid a low and stable inflation environment,” it said.
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Rice
Millers reiterate call for support as demand for local rice increases
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Priscilla
Akoto Bamfo, Rice Processor
Rice
Millers in the Northern Region are calling for credit support to help upgrade
their equipment in order to meet the growing demand for local rice.
An ongoing campaign for the consumption of Ghana Rice has increased demand locally especially as the yuletide approaches. But the millers say to meet the quantity and the quality needs; they require efficient equipment to produce the rice.
Currently, there are 315 millers spread across the country. Out of this number, only ten are certified to have the full complement of equipment to process grade A rice to match imported brands.
An ongoing campaign for the consumption of Ghana Rice has increased demand locally especially as the yuletide approaches. But the millers say to meet the quantity and the quality needs; they require efficient equipment to produce the rice.
Currently, there are 315 millers spread across the country. Out of this number, only ten are certified to have the full complement of equipment to process grade A rice to match imported brands.
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ACCEPT
Procurement ‘games’ deprive paddy farmers
their dues in Sambalpur
PNN
Updated: December 25th, 2019, 07:10 IST
Sambalpur: Rice farmers of Sambalpur district have alleged that
millers and middlemen were making a fast buck by taking advantage of their
ignorance and lack of infrastructure of women SHGs.
The Odisha government had advised the farmers to avoid selling
paddy directly to rice millers, and join hands with the SHGs to abolish
middlemen in the procurement process.
However, a totally different picture has emerged in Jujumara
block. Mill owners and middlemen have joined hands to sideline the SHGs. Due to
the unholy nexus farmers are not getting their dues after submitting their
paddy.
According to a report, Kayakuda SHG group had bought paddy from
two farmers – Sanjaya Biswal and Biswamirea Biswal of Jujumara block. However
the SHG had sent a truck-load of paddy to two different mills – Maa Metkani
rice mill at Jhankarpalli and Maa Naryani Rice Mill at Goshala – without
transit pass and online registration of mills, farmers and the truck. The
farmers alleged that the irregularity has happened because of the nexus between
the millers and supply department.
As per the official norms, be it SHGs or Co-operative Societies,
they should allow the vehicles to go to mills after providing them transit pass
(TP) online after obtaining all details about the farmers, drivers, their
mobile numbers and registration number of the vehicles. One vehicle is allowed
to provide paddy to one mill only.
After receiving paddy the millers should submit a report,
confirming that they have received paddy.
Farmers get money transferred to their bank accounts through DBT
when the data is uploaded on the official portal.
The aforesaid incident has raised questions about the efficiency
of supply department in monitoring the paddy procurement process from SHGs to
various mills.
Aggrieved farmers have alleged that they have smelt something
fishy in the entire process of paddy procurement.
Suspicions have been expressed also over the functioning of SHGs
and co-operative societies in the district. Locals complained that middlemen
and millers are taking undue advantage of the lack of experience of the SHGs
and tampering with the paddy procurement process.
When contacted, Deputy Registrar of Cooperative Society (DRCS)
Lingaraj Nayak said this should not have happened. “We will inspect the matter.
But the Supply Department and District Social Welfare Department (DSW) can only
take action against SHGs” Nayak added.
Farmers resort to distress
sale for procurement delay
Farmers
across the district are allegedly resorting to distress sale of paddy owing to
delay in start of procurement process.
Published: 25th
December 2019 11:22 AM | Last Updated: 25th
December 2019 11:22 AM | A+A A-
For
representational purpose (Photo | EPS)
KENDRAPARA: Farmers across the district
are allegedly resorting to distress sale of paddy owing to delay in start of
procurement process. As they are selling their stock at much lower price
as fixed by the Government, the millers are benefiting from the crisis. The
procurement process in the district will start from December 27. Sukadev
Behera, a farmer of Dasipur village said he is desperate to sell his produce
and it is not possible for him to wait till the procurement process starts at a
Primary Agriculture Cooperative Society (PACS), located at Marsaghai, around 12
km from his village.
Sukadev said he sold three quintal paddy to a
trader for Rs 4,500, which is much less than the MSP of Rs 1,810 per quintal
fixed by the State Government for Fair Average Quality (FAQ) paddy. Sankar
Parida of Shyamasundarpur said he had harvested 30 quintal paddy from his
farmland two weeks back. He said millers and their agents are camping in villages
to purchase paddy from farmers.
Farmers’ leader and president of district
unit of Krusaka Sabha Umesh Chandra Singh said farmers in the district had
started harvesting their crops in November. But, the authorities decided to
purchase paddy from the farmers from December 27. The month-long delay forced
several farmers to sell their produce to traders at throwaway prices. Till
date, only 34,205 farmers have registered their names to sell paddy to the
Government against 41,270 last year.
Civil Supplies Officer Rajanikanta Das said
Odisha State Civil Supply Corporation (OSCSP) has decided to
procure 5,47,500 tonne paddy in the first phase from farmers in the
district. The task of procuring paddy from the farmers has been entrusted
to 116 PACS. “After purchasing paddy from the farmers, the PACS will
hand over the stock to 14 rice mills in the district. The millers will
provide rice to us. We are determined to check distress sale of paddy by the
farmers,” he said.
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Company, research institute to develop new rice
varieties
The Cuu Long Delta Rice Research
Institute (CLRRI) and agricultural company Loc Troi Group on December 24 signed
a five-year agreement to jointly develop new rice varieties.
VNA Wednesday, December 25,
2019 17:54
RELATED NEWS
Friday,
June 21, 2019 21:39
Saturday,
March 02, 2019 08:33
Wednesday,
February 06, 2019 14:13
Tuesday,
April 17, 2018 21:18
Sunday,
October 09, 2016 16:22
The Cuu
Long Delta Rice Research Institute and Loc Troi Group sign an agreement to
jointly develop new rice varieties on December 24. ( Photo courtesy of Loc Troi Group)Can Tho (VNA) - The Cuu Long Delta Rice Research Institute (CLRRI) and agricultural company Loc Troi Group on December 24 signed a five-year agreement to jointly develop new rice varieties.
Experts from the two organisations would work together to research and create at least one new rice variety for production and providing seeds.
The cooperation will make an important contribution to the sustainable development of national rice varieties and brands, CLRRI Director Tran Ngoc Thach said.
They also planned to regularly organise training courses in rice seed selection, maintaining the purity of seeds and producing seeds, he said.
Huynh Van Thon, chairman and general director of Loc Troi Group, said the group had collaborated effectively with the institute to build value chain models for sustainable rice production for many years.
The institute had transferred many high-quality rice varieties such as OM 5451, OM 9577 and OM 18 to the company to grow crops and supply seeds for farmers, he said.
With more than 1,000 agricultural professionals, the company has developed many new varieties of rice.
Loc Troi 28 won the first prize among fragrant rice varieties at an international rice convention in China in 2018./.
VNA
Cuu Long Delta Rice Research InstituteLoc Troi GroupAgricultural CompanyRice VarietiesProducing SeedSustainable Rice ProductionVietnamplusVietnam NewsVietnam News Agency
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Russia likely to lift yearlong ban on Pakistani rice
KARACHI: Russia is expected to lift a yearlong ban on rice imports
from Pakistan as concerns about the grain phytosanitary standards have been
allayed, brightening prospects of reopening of $50 million market, a government
official said on Monday.
The official at Trade Development Authority of Pakistan said
Russian government is likely to lift the ban on grain imports from Pakistan, as
state-owned Department of Plant Protection implemented the compliance program
for export of rice to the Russian Federation
“The implementation of compliance program will ensure export of
pest-free grains to Russia,” the official said, requesting anonymity.
The Department of Plant Protection has sent a detailed report to
Federal Service for Veterinary and Phytosanitary Surveillance of the Russian
Federation, elaborating measures that have been taken to prevent the
proliferation of the Trogoderma granarium, also called cabinet or khapra
beetle, in products supplied to milling, processing, storage, and packaging
facilities in Russia.
Earlier this year, Russia had imposed a temporary ban on import of
rice from Pakistan on a claim that khapra beetle was found in a batch of rice.
This was despite the fact that the consignment was duly cleared by the
Department of Plant Protection, which issues sanitary and phytosanitary
certificates to each grain consignment moving outside the country.
After the ban, Russian side had asked for information on measures
taken to prevent the proliferation of the beetle in products supplied to Russia
and information about zones in Pakistan free from the beetle.
“Russian side has been informed that there is no specific area in
Pakistan, which is free from Trogoderma granarium beetle,” the official said.
“The implementation of compliance program will help in exporting
pest-free rice to Russian Federation. Russian side has also been requested for
a meeting of experts of both sides too.” Pakistan exported approximately 35,000
tons worth $40-50 million of rice and other grains to Russia per annum.
Rice is one of the main exports of Pakistan, fetching the country
more than two billion dollars in a year. According to latest available numbers,
exports from Pakistan to the Russian Federation in the month of July 2019
increased 15.14 percent and equaled $24.15 million as opposed to $20.97 million
in the same month of the previous year.
Pakistan’s imports from Russia decreased from $23.95 million to
$10.6 million, depicting a decline of 55.83 percent. Bilateral trade fell 22.7
percent in July 2019 compared to the same month of the previous year, reaching
$34.73 million from $44.93 million. Monthly trade balance amounted to $13.57
million in favour of Pakistan.
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Business News of Tuesday, 24
December 2019
Source: citibusinessnews.com
Rice
Millers reiterate call for support as demand for local rice increases
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Priscilla
Akoto Bamfo, Rice Processor
Rice
Millers in the Northern Region are calling for credit support to help upgrade
their equipment in order to meet the growing demand for local rice.
An ongoing campaign for the consumption of Ghana Rice has increased demand locally especially as the yuletide approaches. But the millers say to meet the quantity and the quality needs; they require efficient equipment to produce the rice.
Currently, there are 315 millers spread across the country. Out of this number, only ten are certified to have the full complement of equipment to process grade A rice to match imported brands.
An ongoing campaign for the consumption of Ghana Rice has increased demand locally especially as the yuletide approaches. But the millers say to meet the quantity and the quality needs; they require efficient equipment to produce the rice.
Currently, there are 315 millers spread across the country. Out of this number, only ten are certified to have the full complement of equipment to process grade A rice to match imported brands.
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