Summary In 2013, a free trade pact was signed between Pakistan and Indonesia
ISLAMABAD (Dunya News) – Pakistan and Indonesia have inked a rice deal under free trade pact that was signed in 2013, Dunya News reported Friday.
Ministry of Trade has stated that Indonesia’s State Logistic Company has made a deal with Trade Corporation of Pakistan for import of rice.
According to the agreement Pakistan will export 10 lac metric tonne rice worth USD 40 crore from 2016-19. At the time, trade total between the two sides is above USD 2 billion.
In 2013, a free trade pact was signed between Pakistan and Indonesia.
Trade ministry will conduct legal proceedings in 2016 to improve rice production and stable its price.
