Sunday, July 14, 2024

Pakistan’s Agricultural Exports to China Expected to Exceed a Record High of US $1 billion in Next 3 Months: PHHSA chief

Chairman of Pakistan Hi-Tech Hybrid Seed Association (PHHSA) Shahzad Ali Malik on Monday afternoon said that Pakistan’s agricultural exports to China are expected to exceed a record high of US $1 billion in the 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 the government was taking concrete measures to facilitate the Pak exporters to get more 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.

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