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Sri Lanka to procure 300,000 metric ton rice from Pakistan

(UDHAYAM, ISLAMABAD) – Sri Lanka will procure 300,000 metric ton rice from Pakistan to meet the domestic shortfall because of drought in the country, the Radio Pakistan reported.

This was discussed during a meeting between a high level Sri Lankan delegation led by Secretary, Ministry of Commerce and Industry Chinthaka Lokuhetti and Secretary Commerce Mohammad Younus Dhagato in Islamabad on Monday (10).

Secretary Commerce informed that Pakistan will initially provide at least 25,000 metric ton of rice on urgent basis.

For the remaining quantities Trading Corporation of Pakistan (TCP) and Cooperative Wholesale Establishment (CWE) in Sri Lanka will discuss procurement schedule and price in September and October this year on the advent of new crop.

Both sides also discussed about signing a Memorandum of Understanding (MoU) between the two countries for supply of other commodities.

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