BEIJING, (UrduPoint / Pakistan Point News – 2nd Oct, 2022 ) :Pakistan has wealthy potential of the export of agricultural merchandise to China and the current authorities is taking concrete measures to reap the benefits of large demand of fruits and vegetable within the Chinese markets, stated Commercial Counsellor, Pakistan Embassy Beijing, Ghulam Qadir.
“I think, the increase in the agricultural products exported to China this year is still tip of iceberg. The potential is much more and we are working hard to further enhance our exports to China,” he informed APP.
According to the info from China Customs, Pakistan’s agricultural merchandise exported to China from Jan to Aug 2022 reached US$730 million with a year-on-year enhance of 28.59 %. Pakistans agricultural exports to China are anticipated to exceed a file excessive of US$ 1 billion in 2022.
He knowledgeable that each Pakistani and the Chinese authorities had been happy over the rise however they expressed a necessity to enhance the commerce steadiness between the 2 international locations.
“So, we are working hard with the Chinese authorities for making more cooperation and we’re expecting some good news about exports of different products,” he added.
Ghulam Qadir hoped that extra export may additionally begin and having US$1 billion price of agricultural merchandise’ exports to China was nonetheless not sufficient as in comparison with the general potential of the Chinese market.
He stated that extra efforts had been wanted to reinforce exports and he vowed to proceed to work with the related authorities on this regard.
The business counsellor stated that at current, agricultural merchandise together with fruits, vegetable, sesame seed, pine nuts and seafoods had been being exported to China.
“These are overall products, but we need to increase that basket and we are working on it,” he added.
As per official knowledge, Pakistan’s commerce surplus with China in agricultural merchandise additionally reached US$ 527 million with a year-on-year enhance of 48.38 % in the identical interval.
The commerce surplus of agricultural merchandise for the entire 12 months of 2021 was US$ 640 million with a rise of 13 occasions.
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