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Madagascar to buy 25,000 ton of rice from Pakistan
Trade and Private Sector Development Minister of Madagascar Mr Olio Rinderin Erison talking to Vice Chairman of Rice Exports Association of Pakistan (REAP) Anwar Mian Noor at the Export Promotion Bureau said that his country is interested in buying 25,000 ton of Pakistani rice at a subsidized rate as his country is poor and they cannot afford to buy expensive rice.

Anwar Mian told that Pakistan had exported 142,000 ton rice to Madagascar in the past two years but due to unavailability of berth in Madagascar the Pakistani exporters had to pay heavy damages cost.

He asked the Madagascar trade minister to immediately provide berth for ships carrying rice to Madagascar so that the Pakistani exporters would not have to pay heavy damages fine to shipping companies.
The trade minister also paid a visit to head of Union Confectioners companies Zubair Habib and chairman fruit association
MGR Archive 23.8.2004
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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