Independent Report.
Islamabad, October 17, 2024: Pakistan’s Taranivo Trading Private Limited and China’s Zhejiang Hezi Food Company Limited have signed a Memorandum of Understanding (MoU) to enhance dry fruit processing, value addition, and exports. This partnership aims to export $500 million worth of dry fruits, particularly pistachios and almonds, annually ¹.
The agreement, facilitated by the Special Investment Facilitation Council (SIFC), will increase investment and growth in agriculture and industrial sectors, stabilizing Pakistan’s economy. It will also provide access to global markets and cater to China’s demand for quality dry fruits.
Key Benefits are
Job Creation_: The partnership will generate employment opportunities for people in South Waziristan, boosting economic activities.
– _Economic Growth_: The collaboration will contribute to Pakistan’s economic stability and development.
– _Market Expansion_: Pakistan will gain access to new markets, expanding its export potential.
The SIFC’s role in facilitating this partnership demonstrates its commitment to creating a business-friendly environment and encouraging private sector participation ² ³. This agreement is a significant step towards strengthening Pakistan-China relations and promoting economic cooperation.
Comments are closed.