Sri Lanka to procure 300,000 metric ton rice from Pakistan
Sri Lanka will procure three hundred thousand metric ton rice from Pakistan to meet the domestic shortfall because of drought in the country.
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.
Secretary Commerce informed that Pakistan will initially provide at least twenty five thousand metric ton of rice on urgent basis.
For the remaining quantities Trading Corporation of Pakistan and Cooperative Wholesale Establishment 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 between the two countries for supply of other commodities.