Rice Export to Russia Reaches New Heights
Pakistan’s rice export to Russia has experienced a remarkable surge as 15 more rice mills have been declared eligible by the Federal Service for Veterinary and Phytosanitary Surveillance of Russia, also known as Rosselkhoznadzor. This development comes as a testament to the superior quality and compliance standards maintained by Pakistani rice exporters.
$2.5 Billion Contribution in Previous Fiscal Year
During the previous fiscal year, Pakistan’s rice export to Russia made an impressive contribution of $2.5 billion, according to the Rice Exporters Association of Pakistan. This significant economic boost has played a vital role in strengthening the trade relationship between the two nations.
Positive Signal for Rice Mills Registration:
In an encouraging move, Russia has provided a positive signal to the Department of Plant Protection, confirming the finalization of the registration process for 15 additional rice mills. This decision showcases the trust and recognition bestowed upon Pakistan’s rice industry by Russian authorities.
Strengthening Compliance and Standards:
Previously, only four mills were registered for rice export to Russia after a meticulous inspection conducted by a Russian technical delegation. However, the Department of Plant Protection took several proactive measures to align with the rigorous standards set by the Russian Federation. These efforts encompassed quality control, food safety, phytosanitary measures, quality packaging, and storage.
Read More: Chinese Company Offers Rs30 billion Discount for Chashma-V Nuclear Plant Deal
Economic Implications for Pakistan:
The expanded permission for rice export to Russia will undoubtedly have a profound impact on Pakistan’s economy. With a total of 19 rice mills now exporting high-quality rice to Russia, the country’s export sector is poised for further growth. The increased trade volume and revenue generated from rice exports will bolster Pakistan’s economy, creating employment opportunities and enhancing overall prosperity.
In conclusion, Pakistan’s rice export to Russia has witnessed a significant upswing, as Russia grants eligibility to 15 additional rice mills. The country’s adherence to stringent compliance measures and commitment to maintaining high-quality standards have been acknowledged and rewarded. This development not only strengthens the bilateral trade ties between Pakistan and Russia but also promises substantial economic benefits for Pakistan.
