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Pakistan economy gets a golden opportunity for exports to the World

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Times of Islamabad
BEIJING: The China International Import Expo (CIIE), starting from November 5 in Shanghai, will open the country's market further to the world as many exporters, including those from Pakistan, plan to take advantage of this unique opportunity.

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A look at China 's market reveals that it is the world's biggest destination for agricultural products including grains, cotton, sugar, meat, and milk – and Pakistan produces almost all of these in abundance, according to an article published by media website China .org.cn on Monday.

Connecting the agro potential of Pakistan with China 's opening up measures, the CIIE will help in exploring new trade avenues.

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One-third of Pakistan's total agricultural export is rice.

Just a few years back, China was the second largest buyer of Pakistan's non-basmati type rice but the continuously evolving arrangements have changed the scenario.

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Nonetheless, traders and governments from both countries have recently shown a willingness to resume their high-volume trade.

After a positive response from the Chinese side to Pakistan's request for preferential treatment during Free Trade Agreement (FTA) discussions, it is expected that the commodity's export to China will increase.

Pakistan is the world's fourth largest producer of cotton and has Asia's third largest spinning capacity.

Several factors, including higher competitiveness of products and the U.S. dollar's surge against the local currency, boosted its textile exports to around nine percent in the last financial year.

Fruits also form a strong part of Pakistan's export base.

Most prominent among these is a citrus variant known as kinnow which hit record high export figures of 370,000 tons in the 2017-18 season.

Experts believe that Pakistan has an immediate capacity of exporting 50 to 80 thousand tons of kinnow to China in the next three years.

Mangoes, revered as the king of fruits in Pakistan, are another of its major exports.

Shipping starts in the month of May but is mostly headed to Europe.

This year's increased queries from Chinese buyers, however, will lead to an expanded share in China .

China has been investing extensively in its partner countries' agricultural sectors, primarily for two reasons.

First, augmented farm produce will help resolve their local food security issues, and second, they will be able to export the surplus to China .

One such partnership among agriculturalists of Pakistan and Chinahas been in the production of hybrid wheat.

Around 150 Chinese experts from Sinochem Group Agriculture Division, China 's biggest agricultural inputs company, have recently visited 20 cities in Pakistan and taught modern methods to local farmers.

China 's hybrid wheat, using the two-line hybrid technique, has been successfully harvested on a large scale in Pakistan; and data from a subsequent study by Pakistan's Guard Agricultural Research depicts that production in central regions rose by 45 percent.

Pakistan and China have also been working together on farming hybrid rice.

Chinese scientists made a month-long visit to Pakistan last year after Pakistan requested help in introducing hybrid rice in all of its four ecological zones.

A training program was carried out for Pakistani researchers, scientists and farmers in the production of hybrid rice, with the Pakistan Agricultural Research Council (PARC) anticipating a high yielding harvest.

Another ambitious project launched by China is the "Agricultural Education, Science and Technology Innovation League."

In a ceremony held in Beijing this year, the University of Sargodha became the first public sector university from Pakistan to join the initiative.

In addition to advancing cooperation on technical application, policy dialogue and talent cultivation, the league will promote agricultural research among participating countries.

The China-Pakistan Economic Corridor (CPEC), the flagship project of the BRI, will play an important role in stepping up agricultural trade between the two countries.

Although road connectivity exists in the form of the Karakoram Highway, it is limited only to the northern areas of Pakistan.

With CPEC extending to the extreme southern end, it will be possible to transport agricultural products to enhance bilateral trade.

China is modernizing Pakistan's railway network as well.

Several projects have been started on the ML-1 line and are progressing fast despite Pakistan's recent elections.

After their completion, the freight capacity will further improve the transportation of agricultural produce from Karachi to Xinjiang Uygur Autonomous Region.

Xinjiang will benefit most from these connectivity projects because it serves as the first stop for goods arriving from Pakistan.

Furthermore, the Chinese government's efforts to make the province agriculturally self-sufficient will be augmented by the Pakistani imports.

Cooperation in agricultural research and trade forms a part of several joint ventures undertaken by China and Pakistan to provide the best products for their people.

It is an area which has a tremendous capacity for expansion.

If stakeholders from both countries put more focus in this direction, profits can be assured for importers and exporters alike. - APP
 

Sugarcane is lethal for agricultural Land.

Produce sugar from pants and fruits.

This is important. Cash crops are called Cash crops for a reason.

You Damn will be harvesting cacti if you keep this up for 10 years.
 
Pakistan needs to export value added stuff. Exporting rice, mango, cotton will not help to achieve the volume of exports Pakistan needs to overcome its chronic cash flow problems.

Time and time again we here this drivel of we have to export more mangoes, tomatoes or onions to solve our problems. Bullshit.

The problem can only be solved by exporting more items with highly added value, in plain english engineering products.
 
Pakistan needs to export value added stuff. Exporting rice, mango, cotton will not help to achieve the volume of exports Pakistan needs to overcome its chronic cash flow problems.
Absolutely but to to be able to reach the “high margin” part of manufacturing value ladder is not a easy feat. The nations that are currently in the high end of the ladder all had their humble beginning, Germany, Japan, Korea, etc. China is still working its way up. Pakistan has to follow the same process to reach the top. It is a long and difficult journey and I wish Pakistan to best luck.
 
Absolutely but to to be able to reach the “high margin” part of manufacturing value ladder is not a easy feat. The nations that are currently in the high end of the ladder all had their humble beginning, Germany, Japan, Korea, etc. China is still working its way up. Pakistan has to follow the same process to reach the top. It is a long and difficult journey and I wish Pakistan to best luck.

Almost all major industrial countries had protected markets; domestis industrialist fulfilled local economic demand, building up local industry and companies. With CPEC we have open tariffs with China, our industry simply can't compete and will be wiped out.
 
Absolutely but to to be able to reach the “high margin” part of manufacturing value ladder is not a easy feat. The nations that are currently in the high end of the ladder all had their humble beginning, Germany, Japan, Korea, etc. China is still working its way up. Pakistan has to follow the same process to reach the top. It is a long and difficult journey and I wish Pakistan to best luck.

Very recent high value added success examples are Thailand and Morocco. I will even put Vietnam in this category. Engineering forms the backbone of any economy aspiring to become an export powerhouse. And no other industry gives high impetus to growth than automobile and appliances. Services sector plays its part but if we want to increase employment levels at massive scale, we need to seriously look into auto industry and make it export oriented.

Turkey too is a great example of this success. Turkey exports $10 billion worth of automobiles worldwide.

If the auto engineering industry is the backbone, then steel is the bone of that industry. No previous government including PPP and PMLN paid any attention to Pakistan Steel. In fact both did everything possible to bring to its knees. PPP through incompetence and PMLN through its dishonesty.
 
A look at China 's market reveals that it is the world's biggest destination for agricultural products including grains, cotton, sugar, meat, and milk – and Pakistan produces almost all of these in abundance

Our current Milk & Meat production is not enough to meet domestic requirement, how we will export?
 

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