Urgent.News

What's breaking now, across thousands of outlets.

Business

Islamabad, Riyadh agree to boost Pakistani agri and food exports to $3bn

Islamabad and Riyadh have agreed to boost Pakistani agricultural and food exports to Saudi Arabia up to $3 billion, the countries said in a joint statement on Sunday. The statement, shared by the Prime Minister’s Office (PMO), said the agreement was reached after “successful” talks between Saudi Arabia’s agriculture ministry and Pakistan’s food security ministry, at the initiative of PM Shehbaz…

Islamabad, Riyadh agree to boost Pakistani agri and food exports to $3bn

Islamabad and Riyadh have agreed to increase Pakistani agricultural and food exports to Saudi Arabia to a potential value of $3 billion, according to a joint statement released on Sunday. The agreement was reached after talks between the Saudi Ministry of Agriculture and Pakistan's Food Security Ministry, led by Saudi Minister of Environment, Water and Agriculture Engineer Abdulrahman Al-Fadley. The delegation visited Islamabad from August 26 to August 28 and discussed potential areas of cooperation.

The two countries shared a commitment to achieving the $3 billion target within two years by focusing on priority sectors like rice, red meat, fruits, green fodder, and water-efficient agricultural technologies. In 2025, Pakistan supplied around 169,000 tonnes of rice worth approximately $163 million to the Saudi market. Saudi Arabia expressed interest in doubling its rice imports from Pakistan and expanding its red meat imports, which currently stand at around 30,000 tonnes annually.

Both sides encouraged measures to facilitate business-to-business linkages and mutual recognition of quality certifications. The Saudi delegation also encouraged Pakistan to join the International Dates Council. Both countries reaffirmed their broader strategic partnership and welcomed an invitation for Pakistan to participate in the 43rd Saudi Agriculture Exhibition, scheduled for October 19 to 22, 2023.

Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at dawn.com →

More in Business

Two Firms Compete for €1.3m Torrevieja Craft Market Contract

Two companies remain in contention for a €1.3 million contract to manufacture and install 40 new stalls at Torrevieja’s seafront craft market.

  • Spanish firms Ovisa SL and Mistral 3000 SL compete for €1.3m Torrevieja market contract.
  • Municipal technicians to review bids for compliance and price fairness.
  • Contract requires 40 stalls built, installed within five months.

More from Sunday 30 August →