Pakistani PM, foreign minister to decide on recognizing Taliban government — minister 

In this photo, Pakistan's Federal Interior Minister Sheikh Rashid Ahmed addressing a press conference in Islamabad on August 18, 2021. (Photo courtesy: PID)
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Updated 19 August 2021
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Pakistani PM, foreign minister to decide on recognizing Taliban government — minister 

  • Information minister had earlier said Islamabad would consult regional and international powers before making a decision 
  • Foreign Minister to soon visit Uzbekistan, Tajikistan, Azerbaijan and Iran to consult on resolution of Afghan crisis 

ISLAMABAD: Pakistani Interior Minister Sheikh Rashid Ahmed said on Wednesday Prime Minister Imran Khan and the foreign ministry would decide on whether Islamabad would recognize a new Taliban government in Afghanistan, after a government collapse last week and the takeover of the capital by the insurgent group.
Rashid’s statement is a departure from earlier comments by Information Minister Chaudhry Fawad Hussain in which he said Islamabad would consult regional and international powers before making a decision on recognizing Taliban rule.
“Whether or not to accept the Taliban government or not, that is a decision of Imran Khan and the foreign ministry,” Ahmed said at a press conference. 
The information minister had said earlier in the week a decision on recognizing the Taliban would come after “consultation of regional and international powers.”
“We don’t want to take a unilateral decision on that, we are in touch with our regional and international friends and we will decide accordingly,” Hussain said.
In separate comments, Foreign Minister Shah Mahmood Qureshi said the world was contacting Pakistan to help reach a settlement in Afghanistan and he would soon be visiting Uzbekistan, Tajikistan, Azerbaijan and Iran in this regard.
“I will discuss the prevailing situation in Afghanistan with its neighboring countries and consult them for a peaceful and permanent solution to the Afghan issue, besides taking them into confidence,” Qureshi said. “We want a set-up [in Afghanistan] that should be acceptable to the world.”


Pakistan rice exports slump 40% as India’s return hits pricing power

Updated 24 February 2026
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Pakistan rice exports slump 40% as India’s return hits pricing power

  • Statistics show non-Basmati shipments have fallen over 50 percent in July-January period
  • Government offers 9 percent tax drawback on premium Basmati exports to support sector

ISLAMABAD: Pakistan’s rice exports fell 40.5 percent to $1.31 billion in the first seven months of the fiscal year, official data showed on Tuesday, as India’s return to the global market squeezed Islamabad’s market share and pricing power.

According to the Pakistan Bureau of Statistics (PBS), non-Basmati exports dropped 50.8 percent to $827.8 million, with volumes falling to 2.0 million tons from 3.15 million tons a year ago. Basmati exports declined 6.62 percent to $477.7 million, with volumes easing to 436,484 tons from 487,278 tons.

The Ministry of National Food Security told a parliamentary committee in two separate meetings in December and January that India’s re-entry into the global rice market was a key factor behind the decline, saying increased Indian supplies had made Pakistani rice less competitive.

Officials told lawmakers that India benefits from free trade agreements and provides substantial support to its rice sector, putting additional pressure on Pakistani exporters.

In response, the Ministry of Commerce last month issued a notification under the “Drawback of Local Taxes and Levies for Rice Order, 2026,” allowing a rebate of 9 percent of the free-on-board (FOB) value for Basmati exports priced above $750 per metric ton.

The government said the measure, announced on January 23, aims to ease liquidity pressures on exporters and improve competitiveness.

While PBS data for July-January shows a 40.5 percent decline, figures from the Federal Board of Revenue (FBR) for July-December show an even steeper 47 percent drop to $973 million from $1.82 billion in the same period last year, reflecting a deficit of over $800 million.

Industry representatives say they are now focusing on market diversification to counter the slowdown.

“Currently Basmati is mainly exported to Middle East and EU. Non-Basmati is exported to Philippines, Indonesia, Malaysia and African countries,” Malik Faisal Jahangir, chairman of the Pakistan Rice Exporters Association, told Arab News last week.

“For the new markets for our non-basmati rice exports, we are looking to increase our volumes to China, Philippines, Indonesia and Bangladesh,” he added.