Exports of Pakistani food group items to cross $7 billion by end of FY24: Chief Executive TDAP

BusinessExports of Pakistani food group items to cross $7 billion by end...

ABU DHABI, UAE: The Chief Executive of the Trade Development Authority of Pakistan (TDAP) Muhammad Zubair Motiwala visited Pakistan Pavilion at the ongoing Gulf Food Exhibition, Dubai Trade Centre on Thursday.

Applauding their efforts to help in promoting exports, the Chief Executive interacted with exhibitors during his visit to various stalls showcasing Pakistani products.

   

“We have specifically focused on enhancing our food and food allied items which is paying dividends in the form of substantial increase in our exports in this sector. Considering the ongoing trends, it is safely projected that our exports of food items will cross US$ 7 billion by the end of this financial year, which is in sharp contrast to about US$ 4 billion annual exports in this sector, previously,” emphasized Zubair Motiwala.Exports of Pakistani food group items to cross $7 billion by end of FY24: Chief Executive TDAP

The Chief Executive said that enhancing exports of Pakistani products was the way forward to achieve economic prosperity and TDAP is contributing substantially towards this national objective.

“It is extremely encouraging to share that there is remarkable increase of 300 to 400% in the exports of sesame seeds this year. Exports of Pakistani rice will cross US$ 3 billion in comparison to about US$ 1.5 billion formerly,” underlined Motiwala.

The Chief Executive said that exporters with the assistance of TDAP are participating in Gulf Food for the last few years and it is heartening to share that the number of Pakistani exhibitors is increasing each year. He further said that participation of Pakistani exporters in the mega food exhibition is overwhelming.

During his visit, Zubair Motiwala met the Chief Organizer of Saudi Food and Commercial Director Events Management, Dubai World Trade Centre Jaffar Shubbe who showed keen interest for Pakistani products’ participation in the upcoming Fresh Fruits & Vegetables Exhibition.

Zubair Motiwala also held a detailed meeting with the organizing committee of Dubai World Trade Centre including the Commercial Director Events & Exhibitions Salima Dadla and Senoir Sales Manager Exhibitions Andrew Burman for allotting more space to Pakistan in the future exhibitions.

“I am here to meet our exhibitors and listen to their valuable input for further improvement towards increasing our exports. I am delighted to share that the Pakistani participants have received unbelievably good response from potential importers and investors at the exhibition,” said Motiwala.

A total of 100 Pakistani exhibitors are taking part in the ongoing Gulf Food festival of which 45 are sponsored by TDAP while others are participating on self-sponsorship basis.

The Chief Executive was also accompanied by Commercial Counsellor, Director General TDAP and other senior officials of Pakistan’s Diplomatic Mission in the UAE.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Chairman CIDC Ambassador Luo Zhaohui conferred on Hilal-i-Quaid-i-Azam award

0
BEJING, China: On behalf of the President of Pakistan, Ambassador Khalil Hashmi conferred the civil award “Hilal-i -Quaid-i-Azam” on the Chairman of the China...

Interbank Dollar Rate Today in Pakistan – 16 April 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for April 16,...

Khawaja Asif expresses desire to enhance defence relations with Azerbaijan

0
ISLAMABAD, Pakistan: The Ambassador of Azerbaijan Khazar Farhadov called on the Minister for Defence Khawaja Muhammad Asif in Islamabad on Tuesday.The federal minister welcomed...

Minister directs to ensure availability of urea and DAP fertilizer to farmers

0
ISLAMABAD, Pakistan: A review meeting of the Fertilizer Review Committee was held under the Chairmanship of the Federal Minister for M/o Industries & Production...

PM Shahbaz Sharif urges to expedite first phase of Saudi investments in Pakistan

0
ISLAMABAD, Pakistan: The Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, who is leading a high-powered delegation on an official visit to Pakistan,...
Advertisement