ISLAMABAD: With the support of SIFC, Pakistan has for the first time earned $4 billion in rice exports in the current financial year, which is commendable.
Former Chairman of Rice Exporters Association of Pakistan Shahjahan Malik said that in the next financial year, the target of rice exports will be set at 5 billion dollars, a comprehensive strategy will be developed based on the research of modern seeds and the promotion of standard agricultural practices.
Pakistan’s basmati rice plays an important role in Pakistan’s economic development and global partnership due to its high quality in the global market.
During the fiscal year 2024, Pakistan exported more than 6 million tons of different varieties of rice due to favorable climatic conditions and abundant availability of agricultural resources.
This milestone is a significant achievement of the agricultural sector of Pakistan which is expected to create more opportunities for Pakistan in the international markets and further progress in the country’s agricultural production.
SIFC has not only promoted investment in the agricultural sector but has also played a key role in the recognition of Pakistan’s agricultural products globally.
