{"id":99794,"date":"2024-10-08T15:44:27","date_gmt":"2024-10-08T10:44:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=99794"},"modified":"2024-10-08T15:44:29","modified_gmt":"2024-10-08T10:44:29","slug":"european-rice-market-outshine-pak-exporters","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/european-rice-market-outshine-pak-exporters.html","title":{"rendered":"Pakistan dominates food safety, captures 25% of European Rice Market"},"content":{"rendered":"\n<p>Islamabad: Pakistan has emerged as a leading figure in food safety standards for the fiscal year 2023-24, capturing an impressive 25% of the European rice market, according to a new source on October 8.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-shares-12-projects-with-eib.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pak seeks European Investment Bank\u2019s funding for N-5, other projects<\/a><\/p>\n\n\n\n<p>In line with the details, this success was underscored during a meeting between the newly appointed Chairman of the Rice Exporters Association of Pakistan (REAP) Malik Faisal Jahangir, and Commerce Minister Jam Kamal. Their discussions centred around strategies to sustain this momentum in rice exports, despite fluctuating global prices and India\u2019s decision to lift its export ban in October.<\/p>\n\n\n\n<p>Jahangir proudly noted that Pakistani rice exporters recorded just 74 rapid alerts for pesticide or other concerns last year, a stark contrast to India\u2019s 264. He highlighted this as a testament to Pakistan\u2019s strong adherence to food safety regulations.<\/p>\n\n\n\n<p>Though acknowledging that negative campaigns could potentially impact Pakistan\u2019s export reputation, Jahangir emphasised the country\u2019s ability to navigate regulatory challenges more effectively than its competitors.<\/p>\n\n\n\n<p>The commerce ministry has eliminated the minimum export price requirement to strengthen Pakistan&#8217;s competitive edge further, positioning the country more favourably against India. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/pakistan-russia-signs-first-ever-barter-trade.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan to export rice, potatoes to Russia, barter trade deal signed<\/a><\/p>\n\n\n\n<p>However, the industry remains mindful of the potential impact of global price fluctuations on export revenues. Commerce Minister Kamal reaffirmed the critical role of rice exports in Pakistan\u2019s economy, expressing optimism about increasing export revenue from USD 4 billion to USD 6-7 billion while continuing to meet European food safety standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan has emerged as a leading figure in food safety standards for the fiscal year 2023-24, capturing an impressive 25% of the European rice market, according to a new source on October 8. Read: Pak seeks European Investment Bank\u2019s funding for N-5, other projects In line with the details, this success was underscored during a meeting between the newly appointed Chairman of the Rice Exporters Association of Pakistan (REAP) Malik Faisal Jahangir, and Commerce Minister Jam Kamal. Their discussions centred around strategies to sustain this momentum in rice exports, despite fluctuating global prices and India\u2019s decision to lift its export ban in October. Jahangir proudly noted that Pakistani rice exporters recorded just 74 rapid alerts for pesticide or other concerns last year, a stark contrast to India\u2019s 264. He highlighted this as a testament to Pakistan\u2019s strong adherence to food safety regulations. Though acknowledging that negative campaigns could potentially impact Pakistan\u2019s export reputation, Jahangir emphasised the country\u2019s ability to navigate regulatory challenges more effectively than its competitors. The commerce ministry has eliminated the minimum export price requirement to strengthen Pakistan&#8217;s competitive edge further, positioning the country more favourably against India. Read: Pakistan to export rice, potatoes to Russia, barter&hellip;<\/p>\n","protected":false},"author":88,"featured_media":79443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15019],"tags":[59681,59680,59682],"persona":[],"class_list":{"0":"post-99794","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-research-analysis","8":"tag-eu-rice-market","9":"tag-european-rice-market-news-and-updates","10":"tag-pakistan-rice-export","11":"cat-15019-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>European Rice Market Outshine by Pak Exporters- Zameen News<\/title>\n<meta name=\"description\" content=\"Pakistan has become a key player in food safety for 2023-24, securing 25% of Europe&#039;s rice market, as reported in October.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/european-rice-market-outshine-pak-exporters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Rice Market Outshine by Pak Exporters- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Pakistan has become a key player in food safety for 2023-24, securing 25% of Europe&#039;s rice market, as reported in October.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/european-rice-market-outshine-pak-exporters.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-08T10:44:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-08T10:44:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/09\/EU-Pak-News-Cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"European Rice Market Outshine by Pak Exporters- Zameen News","description":"Pakistan has become a key player in food safety for 2023-24, securing 25% of Europe's rice market, as reported in October.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/european-rice-market-outshine-pak-exporters.html","og_locale":"en_US","og_type":"article","og_title":"European Rice Market Outshine by Pak Exporters- Zameen News","og_description":"Pakistan has become a key player in food safety for 2023-24, securing 25% of Europe's rice market, as reported in October.","og_url":"https:\/\/www.zameen.com\/news\/european-rice-market-outshine-pak-exporters.html","og_site_name":"Pakistan Real Estate News &amp; 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