Global Rice News

Implementing Structural Reforms to Enhance Agricultural Exports in Pakistan

ISLAMABAD – Chairman Pakistan Hitech Hybrid Rice Association (PHHSA), Shahzad Ali Malik, emphasized the importance of sustained macro-fiscal and structural reforms to promote sustainable economic growth and development in Pakistan. He highlighted the need to improve competitiveness, productivity, and diversify agricultural exports.

During a meeting with a delegation of progressive farmers, Malik stated that Pakistan has immense potential to increase its exports of rice, sugarcane, and cotton products by expanding to new markets, enhancing quality standards, and adhering to international trade regulations.

To expand its rice exports, Pakistan can tap into the lucrative markets of China, Turkey, Qatar, Kenya, Afghanistan, UAE, and Saudi Arabia. By offering different varieties of rice that meet their quality specifications and ensuring timely delivery, Pakistan can capitalize on these opportunities.

Similarly, by improving milling efficiency and reducing production costs, Pakistan can boost its sugar exports. Exploring new markets in Africa and Asia will further contribute to the growth of this sector.

In the cotton industry, Pakistan can enhance exports through upgrading the textile industry, improving compliance with environmental and social standards, and leveraging preferential trade agreements with various countries.

The local agriculture sector currently faces challenges such as low mechanization, outdated technology, and weak extension services. Only around 50% of farmers utilize tractors, while less than 10% use other farm machinery such as harvesters, planters, and sprayers. To overcome these limitations, farmers need better access to credit, information, and markets, allowing them to embrace new technologies and practices that can enhance productivity and income.

Additionally, Pakistan’s water management practices need improvement, as the country loses approximately $12 billion annually due to poor water management. Pakistan has one of the lowest per capita water availabilities in the world, with less than 1,000 cubic meters. Addressing this issue is crucial for sustainable agricultural development.

It is evident that by implementing sustained macro-fiscal and structural reforms, Pakistan’s agricultural sector can achieve significant growth and contribute to the overall economic prosperity of the country. Through diversification, enhanced quality standards, and adherence to international trade regulations, Pakistan can seize opportunities in rice, sugar, and cotton exports, expanding into new markets and driving economic development.

Source: [Nation.com.pk](https://www.nation.com.pk){:target=”_blank” rel=”nofollow”}