FPCCI says CPEC excellent opportunity to develop agriculture


KARACHI: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) proposed that the agriculture sector should be included in the China-Pakistan Economic Corridor.

Chairman FPCCI Regional Standing Committee, Ahmad Jawad, said while pointing out the absence of any governmental strategy for production and export of crops towards China and Central Asian countries.

He said elaborated on the high potential of kinnows, dates, mangoes, guavas, bananas, green chillies, tomatoes and cauliflower among other fruits and vegetables in the region and emphasised on the need of a long-term plan.

Since Pakistan has already missed its GDP growth target of 5.5 percent in the last fiscal year, the CPEC could be utilised as a unique opportunity to fix its persistent problems in the infrastructure and energy sector and even the agriculture sector, he added.

Jawad also believed that the challenge of food security is not yet addressed by the present government, and agricultural sector to the list of CPEC-related projects would finally prioritise the industry, giving it its due attention.

Ahmad Jawad further said Pakistan’s membership to the Shanghai Cooperation Organisation would also provide it with an access to a large market for its exports and also attract investments in the energy and infrastructure sector.

The chairman elaborated that it is not clear what the CPEC polices will be if agriculture is included. The gut feeling is that it should be left alone. The corridor is already very intrusive and there is a clear feeling of dependency on China.

Source : PPI



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