Pakistani state authorities have issued a tender to purchase one lakh tonnees of rice from private companies and then export the consignment to Bangladesh.
The Trading Corporation of Pakistan (TCP) issued the tender on last Thursday but it came to public attention on Monday, the DAWN reported.
It would be Pakistan’s latest export to Bangladesh since the two countries launched government-to-government trade in February, following decades of frail ties.
Pakistani companies have until Friday morning to submit proposals, TCP said in the tender notification.
The tender invites “separate sealed bids” from companies, partnerships and sole proprietors for buying 1,00,000 tonnes of long grain white rice (IRRI-6) “for export to Bangladesh in the shape of break bulk cargo” through Karachi ports, DAWN reported.
According to Reuters, traders regarded the tender as a possible move to bring Pakistani rice into Bangladesh’s import supplies, with market expectations that Indian-origin rice will be used to supply some recent purchases by Bangladesh.
LND/SAE
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