Agricultural Industry Reform May Help Reduce Pak-China Trade Deficit

Agriculture is the main driving force of Pakistan’s economic growth, and the export of agricultural products is the largest source of Pakistan foreign exchange income.

The Chinese government has always encouraged the expansion of trade with Pakistan, hoping to import more goods from Pakistan, especially agricultural products.

As a typical agricultural country, Pakistan has a relatively high proportion of agriculture and service industries in its industrial structure, and its industrial development is insufficient.

On this basis, focusing on the deep processing of high value-added agricultural products is the best way to increase the value of Pakistan export products, and also a booster for the development of its industrial chain.

In the future, China’s investment in the processing industry of agricultural products will be expanded to onion, mango, beans, rice, wheat, vegetables, and meat in Pakistan.

Original Link: https://www.urdupoint.com/en/agriculture/agri-industry-upgrade-may-help-reduce-pak-chi-1203109.html