Exports of agricultural products and machinery surge due to SIFC support

By Guardian Reporter , The Guardian
Published at 08:27 AM Dec 12 2024
Agricultural activities
Photo: File
Agricultural activities

Exports of agricultural products and machinery from Pakistan have seen a significant increase, thanks to the ongoing support of the Special Investment Facilitation Council (SIFC).

According to official sources from the Export Promotion Bureau (EPB), the government’s initiatives to enhance agricultural trade, particularly with East Africa, have achieved notable success.

In a milestone achievement, Pakistan has begun exporting tractors to East Africa, with the first batch of Pakistani-made tractors recently arriving in Tanzania. The successful export is a key step in strengthening trade relations with the region and highlights Pakistan’s growing presence in the African market.

The Kenya-Tanzania partnership, particularly the Maasai Tracta Company, has played a pivotal role in facilitating the access and promotion of Pakistani agricultural machinery in Tanzania. This collaboration further strengthens the bilateral trade ties between Pakistan and East Africa, especially in agricultural sectors.

Pakistani tractors, imported from the Pak Tractors House Company, mark a new era of trade growth, which reflects the country’s commitment to expanding its global trade partnerships. This achievement signifies a stable and thriving manufacturing sector within Pakistan, driven by increased demand in African markets.

The support provided by the Special Investment Facilitation Council (SIFC) has been instrumental in laying the groundwork for future trade relations, fostering long-term partnerships, and ensuring that Pakistan’s exports continue to rise across the continent.

 The SIFC’s efforts are expected to facilitate further trade collaborations and enhance Pakistan’s position as a key exporter in the global agricultural machinery market.

The success of the efforts highlights the ongoing strength of Pakistan’s economic ties with East Africa, with prospects for continued growth and trade diversification in the future.