Government to Speed up Activities for Value Addition in Agro Food Industry
Karachi: Ministry of Commerce and Trade Development Authority of Pakistan (TDAP) will speed up their activities for facilitating the development and export of value added products in the Agro-Food sector and in this regard; the TDAP will act as the focal agency. This was stated by Mr. Zafar Mahmood, Federal Secretary Commerce while chairing a meeting of leading exporters in TDAP Karachi to develop a strategic roadmap for the Agro-Food sector.
Mr. Tariq Puri, Chief Executive of TDAP; briefed the participants about the role of MoC/TDAP as a catalyst to encourage the export of value added agriculture products and informed that there is much emphasis on value addition, for instance in Rice, where exporters and growers should focus on projects which would lead towards value addition rather than continuing to export raw materials in order to maximize gains from the quality produce of Pakistan.
In order to provide easy access to credit, Secretary Commerce added that MoC has taken up the matter with State Bank and Zarri Taraqiati Bank (ZTBL) for provision of credit lines to farmers and exporters to assist them in identifying and to establish much needed projects in the Agro Food sector to achieve the objective.
Secretary Commerce has advised TDAP to hold quarterly meetings with SBP along with relevant stakeholders for reviewing the current policies pertaining to provision of credit for agri sector and to review the disbursement and utilization of agri loans. Furthermore, a committee may also be formed wherein representatives of commercial banks should also be present to address to issues.
Secretary Commerce also directed that National Animal and Plant Health Inspection Service (NAPHIS) will conduct the awareness seminars in collaboration with TDAP for the benefit of exporters to know the issues related to SPS requirements and how to address those.
Secretary Commerce assured that MoC and TDAP will continue to facilitate the exporters and growers in resolving all their issues pertaining to various other agencies and provincial governments.
The meeting was attended be leading exporters from Poultry; Rice; Fruits and Vegetables; Fisheries; Processed Meat and officials of SBP; ZTBL; PNAC; Plant Protection Department, PHDEC; PSQCA; NAPHIS; TDAP and MoC.
For more information, contact:
Trade Development Authority of Pakistan
5th Floor, Block A, Finance and Trade Centre, Shahrah-e-Faisal,
PABX: 92-21- 9206487-90