68th Board Meeting of Administrators of Export Development Fund held

Islamabad, June 09, 2015 (PPI-OT): 68th meeting of the Board of Administrators of Export Development Fund was held in the Ministry of Commerce and took decisions to initiate projects to enhance exports of Pakistan. The Board unanimously decided to hold sector specific Expos to strategically project country’s exportable products in addition to the Expo Pakistan held every year.

The Board also decided to lease the VHT Plant imported by the Trade Development Authority of Pakistan to PARC Agrotech Company (Pvt) Limited (PATCO) which is a subsidiary of Pakistan Agricultural Research Council (PARC) working under the Ministry of National Food Security and Research.

PARC will provide land for the installation of the VHT plant and PATCO will run the plant for treatment of fruits and vegetables. The Board was informed that VHT treated fruits and vegetables brings 2-3 times price from the high-end markets of Japan, US and Europe.

Secretary Ministry of National Food Security and Research Mr. Seerat Asghar informed the Board that with the intervention of the Ministry of Commerce Pakistan was able to regain market access for mango, citrus, rapeseed and rice from China which was previously banned by them. He said that with the installation of treatment plants in the private sector, Pakistan, for the first time was able to export guava and cheeko to Europe and mangoes to Australia.

Dr. Mubarak Ali, Director General Department of Plant Protection informed the Board that with the help of new treatment plants Pakistan has exported 350 000 MT of citrus this year as compared to 225 000 MT of citrus last year. Ms. Rabia Javeri, Secretary TDAP informed the Board that Iran has certified 19 Pakistani companies for export of mangoes to Pakistan which is a huge success as the fruit will be exported to the bordering neighbour at very low cost.

The Board approved a project submitted by the Ministry of National Food Security and Research for Development and Implementation of Good Agricultural Practices Standards for Pakistan following SAARC-GAP Model. The project will respond to consumer concerns on food safety i.e Sanitary and Phytosanitary (SPS) compliance of Pakistani agricultural produce, environmental protection and worker health.

The Board also approved the establishment of four modern Pack Houses in Karachi, Lahore, Islamabad and Peshawar for sorting, grading, cleaning and packing of exportable fruits and vegetables. This will facilitate and support international compliance on food quality and safety by developing common facilities for exporters.

The Board forwarded new projects submitted to the EDF to the Finance Committee for thorough scrutiny of the projects. The Board also approved the EDF rules and authorized the appointment of and Accounts and Audit officer for EDF Secretariat.

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