Punjab hopes for agri-tech transfer via CPEC

Published December 5, 2018
The latest agriculture technology is the need of the hour to enhance per acre yield in the country, says Punjab minister. ─ File photo
The latest agriculture technology is the need of the hour to enhance per acre yield in the country, says Punjab minister. ─ File photo

LAHORE: Latest agriculture technology is need of the hour to enhance per acre yield in the country and we hope the China-Pakistan Economic Corridor (CPEC) will allow for this knowledge and tech sharing, Punjab’s Minister for Excise and Taxation Hafiz Mumtaz said on Tuesday.

The excise minister had earlier inaugurated the 4th China-Pakistan Agriculture Expo along with Lahore Chamber of Commerce and Industry President Almas Hyder.

The minister hoped that CPEC would allow opening of new avenues of cooperation in the agriculture sector and transfer of technology in agro-chemicals, pesticides, seed and fertiliser sectors. LCCI SVP Khwaja Shahzad Nasir, VP Fahimur Rehman Saigal, Maggie Ma from Sub-Council of Chemical Industry, China, and others were also present.

A large number of people attended the opening ceremony and shown keen interest in farm products displayed at 50 stalls set up by Pakistani and Chinese companies.

Mr Hyder said that well performing and high yielding agriculture sector is the need of the hour as the country cannot do well without improving farming.

He said that agriculture sector cannot be left out due to inherited limitations of resources and various challenges in the way of moving from conventional method of farming to modern technologies. The present scenario demands that both government and private sector join hands to make the most of the available resources through introducing innovative ways at affordable prices to farmers, he stressed.

“We desperately require locally developed as well as imported solutions in the fields of fertilisers, pesticides, seeds and farm machinery. We are glad that our Chinese friends who have developed cost-effective solutions in these areas, are offering us the same at reasonable rates,” he said.

Ms Mah said that Pakistan is one of the top ten exporting markets for China and that two-way trade has reached $13.2 billion and hoped that it will grow with the passage of time.

On the occasion, Mr Nasir and Mr Saigal noted that it was encouraging that some local pesticide manufacturers were exporting their products to Middle East and African countries.

Crop Protection Association Chief Sheikh Arif welcomed growing interest of Chinese companies in the exhibition.

Published in Dawn, December 5th, 2018

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...