FPCCI urges government to enhance agriculture exports to Russia

russia-trade-ties-with-pakistan

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Sunday urged the government to extend all possible assistance and facilitation to exporters for focusing on Russia, as it offered immense untapped opportunities for boosting exports of agricultural products.

According to a statement issued on Sunday, Vice President FPCCI Riaz Khattak said that Russian food and agricultural imports stood at $43 billion during 2013 while its ban on import of food products from West and Europe had created a huge opportunity for Pakistan to enhance its agricultural exports to Russia, but Pakistan did not tapped it.

He said that Pakistan’s current trade with Russia is hovering around USD 500 million while there was great scope to improve it.

Pakistan has the potential to promote exports of many agro products to Russia including rice, fruits and vegetables, dairy products, sea food, which are in huge demand in that big market, he added.

FPCCI Regional Standing Committee Chairman Ahmad Jawad said that Russia’s annual import of citrus is around $ 1.60 billion, but Pakistan’s share was below three percent which could be improved with better marketing and facilitation to exporters.

The Russian import of dairy products is about $ 4.3 billion and Pakistan was one of the leading milk producers in the world, he added.

Source : Online

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