Pakistan’s agricultural exports are witnessing rapid growth, with the first consignment of tractors reaching Tanzania. This achievement marks a milestone in the country’s international trade efforts.
This development highlights Pakistan’s commitment to expanding agricultural machinery trade and fostering global trade partnerships. In Tanzania, the Masai Tractor Company has partnered with Pakistani manufacturers to introduce Pakistani agricultural machinery. Led by Pak Tractors House Company, the initiative aims to penetrate new international markets.
Boosting Trade Relations with East Africa
The export is part of Pakistan’s broader efforts to strengthen trade relations with East African countries. Economic officials view this success as a testament to the international trade potential of Pakistan’s manufacturing sector.
Role of SIFC in Promoting Trade
The Special Investment Facilitation Council (SIFC) has played a vital role in promoting this trade initiative and establishing global business relations. This progress paves the way for more agricultural machinery exports to East Africa in the future.
Pakistan’s Rice Exports to Saudi Arabia Surge
In addition to machinery exports, Pakistan’s rice exports to Saudi Arabia have grown by 25% in 2024, reaching $4 billion. The target for the next fiscal year is $5 billion.
This growth reflects the rising popularity of high-quality Pakistani rice among Saudi consumers. Efforts are underway to strengthen Pakistan’s position in the Saudi rice market.
Support from Saudi-Pakistani Business Council
The Chairman of the Saudi-Pakistani Business Council praised the quality of Pakistani rice. He reaffirmed the commitment to solidify Pakistan’s presence in Saudi Arabia.
Record Rice Exports Achieved
Pakistan exported over 6 million tons of rice in the fiscal year 2024. This includes premium varieties like Basmati, which are key to strengthening global partnerships.
To further elevate the agricultural sector, Pakistan plans to develop a comprehensive strategy. This will focus on modern seed research and improved farming practices to boost production and quality.
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