Pakistan has explored Australia as new mango export market - 'ZTBL issued Rs79b loans during 2009-10', Mandrian Kinnow - Exports from Pakistan, "horticulture, orchards development - USAID delegation led by US ambassador calls on ZTBL president
Pak Fruit Export
'ZTBL issued Rs79b loans during 2009-10'
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By: Javaid-ur-rahman | Published:
ISLAMABAD - Minister of State for Finance Hina Rabbani Khar on Friday
said that that ZTBL issued agricultural loans worth seventy-nine
billion rupees during the last financial year to about six hundred
thousand farmers.
Responding a question, during National Assembly (NA) question-hour,
the Minister said that the bank would also issue loans this year to
the farmers.
Hina Rabbani further informed that under drought recovery assistance
programme project work is in progress on 1,333 development schemes in
various parts of the country including southern Punjab.
This project will be completed at a cost of over Rs 4 billion besides
886 projects have so far been completed in this program.
To another question, Minister for Commerce Makhdoom Amin Fahim said
that Ministry of Commerce is working on a strategy to explore new
markets to enhance Pakistani exports and it has been successful as new
export market of China, Hong Kong, Russia, Malaysia, African region
and Eastern Europe besides increase in exports to the traditional
markets.
He further informed that mangoes’ best quality is in the country and
its export has been increased significantly due to improvement of its
processing. He said Pakistan has explored Australia as new mango
export market.
He said that various measures have been taken to enhance Pakistani
exports to earn more foreign exchange and bring and divert trade
balance into Pakistan’s favour.
When asked about the sugar shortage, he said that there was no
shortage of sugar in the country as the government has already
arranged its required quantity from Thailand, Dubai and other
countries.
He said new transit trade with Afghanistan is being finalised however
Pakistan has banned transit of trade of cigarettes.
http://www.onlinenews.com.pk/details.php?id=169337
USAID delegation led by US ambassador calls on ZTBL president
================================================
ISLAMABAD: A high level USAID delegation led by Ambassador Robin
Raphel visited ZTBL and held meeting with ZTBL president Muhammad Zaka
Ashraf and other Senior Executives of the bank here on Friday.
A comprehensive presentation was made by ZTBL to the visiting
delegation in which role of agriculture sector in Pakistan’s economy
was highlighted. ZTBL president Zaka Ashraf explained the specialized
role of the Bank in the agriculture sector, which was the only
institution playing a vital role by providing a combination of
technology along with credit for enhancing the agriculture
productivity in Pakistan.
He informed the visitors that ZTBL has an extensive outreach through
its countrywide network of 353 branches and over 1300 MCOs
contributing towards helping the small farmers even in the remote
areas of Pakistan.
He also appreciated the role of the US Government and particularly
USAID in assisting the development of the agriculture sector in
Pakistan.
The delegation was also briefed about the restructuring & revamping of
the Bank with particular reference on introducing new technologies and
initiatives diversifying sectoral exposure and meeting the supply
demand credit gap of over 430 billion. The model of private public
partnership and collaboration with international agencies was shared
with the delegation. The potential areas of cooperation between USAID
and ZTBL were also discussed at length especially in view of the
present situation in the agriculture sector caused by floods.
The delegation was also briefed on the initiatives like soil
improvement, seed development, water conservation (Drip Irrigation,
Sprinkler irrigation), horticulture, orchards development, tunnel
farming, livestock development, which need to be taken on fast track
basis to increase agriculture productivity The President appreciated
the role of the US Government and particularly USAID in assisting the
development of the agriculture sector in Pakistan.
US Ambassador thanked the ZTBL President and appreciated the
commendable job carried out by ZTBL for transforming Pakistan’s
agriculture, The Ambassador also appreciated the comprehensive
presentation on the subject and efforts made by ZTBL in taking a
pro-active role towards agricultural development through introduction
of new technologies. She also discussed the damages caused by current
flood disaster in Pakistan and the possible role ZTBL can undertake to
alleviate this situation and reiterated the US support for the
development of agriculture sector in Pakistan.
http://tribune.com.pk/story/57828/‘banks-should-focus-on-sme-lending’/
Banks should focus on SME lending’
===========================
SBP asked to remove structural faults in SME policy
KARACHI: Commercial banks should start paying back to the country by
starting lending to small and medium enterprises (SMEs) out of what
they earned in the last 10 years.
This was said by Saquib Mohyuddin, the CEO of Business Support Fund of
the ministry of finance.
Speaking to the participants of the 4th SME Conference on Saturday, he
said that banks are now in a better position to understand and lend to
SMEs to mitigate the endless problems of the sector.
Mohyuddin urged the State Bank of Pakistan (SBP) to amend the SME
policy of 2007 by eliminating structural faults. “Unless we eliminate
structural faults from the SME policy, we cannot implement it in
letter and spirit,” he added.
Zubair Motiwala, adviser to Sindh chief minister and vice president of
Sindh’s Board of Investment, said not all is bad in Pakistan as far as
investment is concerned.
“I agree that the security situation is not what is required but what
is portrayed in media about the image of Pakistan is worse, to say the
least,” he said.
He said that the marble city at Bhambore (Sindh) will start
functioning in the next quarter. Besides, a mango processing and pulp
producing plant and a dates processing and packaging plant have been
planned to export finished products in large quantities.
Shezad Arif, SME banking head at Standard Chartered Bank, said that
the bank has faced various problems in lending loans to the SMEs.
“Despite having losses, our bank is still committed to continuing
operations for we know that the SME sector is the future of Pakistan,”
he added.
Waqar Ahmed, head of the SME division at Soneri Bank, said the issues
and dynamics of SMEs are so different that all commercial banks should
start a separate division for SMEs so that they can better serve the
sector.
Published in The Express Tribune, October 3rd, 2010.
http://www.free-press-release.com/news-mandrian-kinnow-citrus-pakistan-produce-1286043859.html
FRESH FRUIT KINNOW We are in the field of Mandrian exports from
Pakistan and our counter-part companies are Global Gap and HACCP
Certified .We are already working with companies in Canada, UAE,
Maldive, MANY OTHER DESTINATIONS DUBAI, JEDDHA, DAMMAM, BAH
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 2, 2010 --
Mandrian Kinnow - Exports from Pakistan
==============================
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or about 9.00 Kg.
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