‘Ample room’ in Saudi markets for Pakistani rice, Saudi importers tell Pakistani envoy

Pakistani labourers fill bags with rice outside a storage centre near Wazirabad on April 15, 2011. (AFP/File)
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Updated 04 September 2020
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‘Ample room’ in Saudi markets for Pakistani rice, Saudi importers tell Pakistani envoy

  • Leading importers of rice in Saudi Arabia met Pakistani ambassador to Saudi Arabia on Thursday 
  • Pakistan’s rice exports to Saudi Arabia increased by 35.4 percent in the last fiscal year

ISLAMABAD: Leading importers of rice in Saudi Arabia met Raja Ali Ejaz, Pakistani ambassador to Saudi Arabia, on Thursday and said there was “ample room” in Saudi markets for Pakistani rice.
Pakistan’s rice exports to Saudi Arabia increased by 35.4 percent in the last fiscal year.
“The meeting was convened to facilitate trade from Pakistan,” the Pakistani embassy in Saudi Arabia said in a statement.




Pakistan's Ambassador to Saudi Arabia Raja Ali Ejaz during a meeting with leading importers of Rice in Saudi Arabia in the Embassy on September 4, 2020. (PID)

Major Saudi importers who met the envoy included Omer Saleh Babkar, Mishal Al Shallan, Hussain Rweha and Abdul Razaq Al Khureji. The meeting was also attended by Pakistani importers of rice in Saudi Arabia, Imran (from Mehran Foods) and Nasir Lathiya, who was representing Sajid Polani, a renowned Pakistani businessman.
“The Saudi importers, while appreciating the quality of rice grown in Pakistan, added that there was ample room in Saudi markets for Pakistan rice,” the statement said. “In this connection, suggestions and views were also exchanged.”
“The Ambassador assured delegates of the Embassy’s support and assistance in addressing their concerns and improving bilateral trade between the two countries,” the statement added. “Separately with Pakistani businessman, ideas were also exchanged on ways to promote Pakistani rice in Saudi markets.”


Pakistan, Saudi Arabia resolve to strengthen economic cooperation during Davos summit 

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Pakistan, Saudi Arabia resolve to strengthen economic cooperation during Davos summit 

  • Pakistan finmin Muhammad Aurangzeb meets Saudi Arabia's Investment Minister Khalid bin Abdulaziz Al-Falih 
  • Al-Falih appreciated Pakistan's potential, particularly its natural resources, strategic location, says Pakistan Finance Division

KARACHI: Pakistan's Finance Minister Muhammad Aurangzeb and Saudi Investment Minister Khalid bin Abdulaziz Al-Falih met in Davos this week, resolving to strengthen ongoing bilateral cooperation by working closely together and maintaining high-level contact, Pakistan's Finance Division said. 

Islamabad and Riyadh have moved closer to broaden their cooperation in recent months, signing a landmark defense pact in September 2025 and agreeing to launch an economic cooperation framework a month later to strengthen bilateral trade and investment relations. 

Aurangzeb met Al-Falih during the sidelines of the 56th annual World Economic Forum (WEF) summit in Davos on Thursday, Pakistan's Finance Division said in a statement. The two sides reviewed ongoing cooperation and reviewed progress on existing and planned projects across various sectors, the statement added. 

"Both sides reiterated their strong resolve to expand bilateral collaboration by working closely together, strengthening institutional linkages and maintaining regular high-level contacts," Pakistan's Finance Division said on Thursday.

"They agreed that sustained engagement and mutual understanding would help translate shared objectives into concrete and mutually beneficial initiatives."

The Finance Division said Al-Falih appreciated Pakistan's importance and potential, particularly its natural resources, strategic location and emerging opportunities for investment.

"The meeting concluded in a positive and forward-looking spirit, with both ministers expressing confidence that closer partnership and continued dialogue would further strengthen economic and investment ties between Pakistan and the Kingdom of Saudi Arabia," the statement said. 

The two countries enjoy cordial relations dating back decades and firmly grounded in shared values, culture, faith and economic ties. The Kingdom is home to over two million Pakistani expats, making it the largest source of foreign remittances for cash-strapped Pakistan. 

Pakistan and Saudi Arabia signed 34 business agreements worth $2.8 billion across multiple sectors in 2024, further strengthening their economic cooperation. 

Riyadh has also bailed Pakistan frequently out of economic crises over the years, providing it crucial loans and oil on deferred payment basis.