Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
EC to notify rice import duty soon
Daily Times, July 11, 2004
The European Commission (EC) will issue a notification regarding the new duty structure on rice import from Pakistan by the end of this month, Najaf Shah, chairman Rice Exporters Association of Pakistan (REAP), told Daily Times Friday.

“The EC has promised us that Pakistan would be given maximum benefit in the new duty structure,” he said. The commission has withdrawn duty exemption of 250 euros per ton on all kind of basmati rice being exported from Pakistan and India from January 1, which make Pakistani rice uncompetitive in the European market.

In this connection, the federal government and the REAP negotiated with the commission requesting them to reduce duty.

Mr Najaf said: “the negotiation with the commission are successful and the notification would be issued by the end of this month.” He said new import duties would be implemented from September 1.

He hoped the commission would fix basmati rice between 55 euros to 65 euros per ton. Earlier, the local exporters were paying duty of only 15 euros per tons on basmati, while the commission has exempted duty of 250 euros per ton.

Tariq Ghori, member managing committee of REAP, said: “after the positive DNA test of basmati rice, the commission would return import duty to importers.”

He said the commission has accepted the country’s basmati rice as product of Pakistan.

Chinese delegation: Mr Ghori said a Chinese team has reached Karachi to review quality of Pakistan’s basmati rice, which they intend to import. The team would also visit Lahore on July 12, he said.

Mr Ghouri said the Chinese delegation has expressed their interest to purchase of Irri-6 and the country can easily export 200,000 tons to 300,000 tons rice to China. “If the Chinese delegation approved the quality of Pakistani rice, local exporters would get access in the Chinese market, which is the biggest market of the world,” he said.

Pakistan is exporting 80 percent of its total production of basmati rice to European countries and after the abatment of 250 euros duty most of the exporters stopped their exports to European countries awaiting decision of the EC.

Pakistan’s commerce minister has formally asked the EC to seek Islamabad’s opinion before modifying its current rice import regime with a view to establishing a system of tariff rate quotas (TRQs).
MGR Archive 13.7.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice