For the first time in its history, Pakistan has achieved a record-breaking revenue of $4 billion through rice exports during the current fiscal year, a significant milestone facilitated by the Special Investment Facilitation Council (SIFC).
The achievement marks a major success for Pakistan’s agriculture sector, especially in the global promotion of its high-quality basmati rice.
Former Chairman of the Rice Exporters Association of Pakistan, Shahjahan Malik, expressed optimism for the future, stating that the rice export target for the next fiscal year will be set at $5 billion.
A comprehensive strategy focusing on modern seed research and the promotion of quality agricultural practices is in the works to support this ambitious goal.
Pakistan's basmati rice, renowned for its superior quality, continues to play a vital role in the country's economic development and international trade partnerships. The abundant availability of agricultural resources has further strengthened the nation's position in global markets.
The remarkable achievement is expected to open new opportunities for Pakistan in international markets, as well as boost domestic agricultural production.
The SIFC has been instrumental in promoting investment in the agriculture sector and enhancing the global recognition of Pakistan’s agricultural products.