Pakistan’s agricultural exports to China expected to exceed a record high of US $1 billion in next three months: PHHSA chief
Gwadar Pro
Islamabad: Chairman Pakistan Hi-Tech Hybrid Seed Association (PHHSA) Shahzad Ali Malik has said that Pakistan’s agricultural exports to China are expected to exceed a record high of US $1 billion in next three months.
He maintained that Pakistan’s trade surplus with China in agri-products had reached US $527 million which must be enhanced manifolds in the days to come.
He urged the local exporters to fully explore the potentials of agricultural products to Chinese markets besides capturing untapped foreign destinations.
Talking to a delegation of exporters led by Saddam Hussain Shah, he stressed that there was a great potential in China for tasty fruits and hygienic vegetables which needed to be scrutinised to maximum extent and government was taking concrete measures to facilitate the Pak exporters for getting more and more exports orders from Chinese importers.
Malik informed that Pakistan’s agricultural products exported to China from January to August 2022 reached US $730 million with a year on year increase of 28.59 percent.
He said it was a good omen that Pakistan was working actively with its Chinese counterpart to boost exports of other Pak products and hoped to get positive feedback.
He regretted that agriculture products exports to China was not in accordance with the vast scope of Chinese markets. He said Pakistan exporters could export their whole stock of fruits, vegetables, sesame seed, pine nuts and sea foods to Chinese markets to earn better foreign exchange.
Malik emphasized the need to improve the quality of products in line with international standards to dominate the global markets.
He said the use of Hi Tech Hybrid seed for rice and maize will definitely boost their production besides increasing their profitability.