Govt introduces policy measures to boost agri sector under CPEC

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Islamabad

The ministry of national food security and research has evolved comprehensive policy measures to work for development of agriculture sector under China Pakistan Economic Corridor (CPEC) to boost exports of agricultural products, enhance per acre yield of major crops, and produce high-tech value added products of international standards. The measures are part of “National Food Security Policy” launched by Minister for National Food Security Sikandar Hayat Khan Bosan here the other day.
Under the policy measures, the ministry will prepare feasibility reports of trad-able commodities for each sub zone along the corridor, and will do pilot testing of rural businesses for the identified commodities and coordination for development of business zones along the corridor. The government will also arrange a series of training programs aimed at capacity building of rural entrepreneurs and agricultural service providers.
Similarly, innovations for quality production, post harvest handling and processing will be introduced and investment portfolios will also be developed for public private partnerships to promote rural businesses. Business models will be developed to promote value added agriculture all along CPEC route whereas special focus would be given on modern production and market infrastructure development for grain and fruit crops, fisheries, livestock and livestock products.
China is second largest importer in the world with overall imports of $1966 billion including food imports worth of over $100 billion. Pakistan’s share in Chinese imports is only $2.93 billion while in food imports, the Pakistani share is only around 1 percent. China-Pakistan economic corridor (CPEC) has provided an opportunity to increase trade on the principles of complimentary advantages and mutual benefits.
According to official sources, the key areas for agricultural economic and technical cooperation between China and Pakistan will be determined by fully considering the comparative advantage and cooperation needs.
The commodities that can be potentially exported to China include cereals, dairy eggs, honey, live animals, tobacco, meat, sea more than 40 commodities identified across the corridor for promoting rural businesses through developing entrepreneurship, processing zones, skilled manpower and modern market infrastructure. The corridor crosses through the nine agro-ecologies.—APP