Polynesian-Glazed Meatballs

1 tsp. oil
1 large red pepper, chopped
1 onion, chopped
1/4 cup Original Kraft Barbecue Sauce
1 tsp. ground ginger
1 tsp. garlic powder
2 cans (8 oz. each) pineapple chunks, drained, liquid reserved
12 oz. (3/4 of 1-lb. pkg.) frozen cooked meatballs
2 cups instant white rice, uncooked

Heat oil in large skillet on medium-high heat. Add peppers and
onions; cook 5 min. or until crisp-tender, stirring frequently.
Stir in barbecue sauce, ginger, garlic powder and reserved
pineapple liquid. Add meatballs; mix lightly until evenly coated.
Cook 10 min. or until meatballs are heated through, stirring
occasionally. Meanwhile, cook rice as directed on package.
Stir pineapple into meatball mixture. Serve over the rice.
Recipe from Kraft Foods