China to import potato, cherry, wheat from Pakistan: Ambassador

Nozair Hanif Mirza 05:32 PM | 11 Jan, 2019
China to import potato, cherry, wheat from Pakistan: Ambassador
ISLAMABAD – Chinese Ambassador to Pakistan Yao Jing on Friday said that China was interested to enhance its import of potato, cherry, wheat besides increasing its investments in other sectors of the economy to further cement the bilateral trade and investment relations between both the countries.

The top Chinese envoy called on Federal Minister for National Food Security and Research Sahibzada Muhammad Mehboob Sultan and discussed the matters relating to promoting bilateral trade and cooperation in different sectors of the economy including agriculture and livestock.

Jing said that the Chinese government would also formally invite Pakistani experts to monitor the hybrid rice seed expertise of China and monitor the facility to enhance its local output of the crop and promoting its exports.

Speaking on the occasion, the minister said that Pakistan and China were members of various organizations and being the member of Shanghai Cooperation Organization, Pakistan had endorsed agreement on cooperation in agriculture between the governments of the member states of the organisation.

China, he said, produces food for 20 percent of the world’s population and it also imports huge quantity of food for its population. China was a strong force in the South Asian region and CPEC opened up new venues of cooperation between two friendly neighbours.

The minister said that China is the 4th largest export market of Pakistan, adding that it was heartening that both countries have signed free trade agreement (FTA) which has facilitated to expand bilateral trade.

He further said that the Prime Minister’s visit in the first week of November 2018 was very important as both sides signed (MoU) also on agriculture cooperation has also been signed on the same occasion followed by Chinese delegation’s visit to the Ministry of National Food Security.

Federal Minister Mehboob Sultan said that government was moving ahead to collaborate in achieving foot and mouth disease-free zone and a memorandum of requirements for the establishment of FMD free zone is currently negotiated by both sides.

He added that we believe in ease of doing business and if we collaborate for the elimination of FMD it will boost our meat export to China.

Mehboob Sultan extended his invitation to Chinese experts to visit the three districts of Punjab which are identified as FMD free zone.

He also expressed his desire that both countries in coming joint Working Group meeting, to deliberate upon working on establishing FMD vaccine plant in Pakistan with the Chinese assistance, and move towards self-reliance in the subject.

Nozair Hanif Mirza
Nozair Hanif Mirza

The writer is a member of the staff. He can be accessed on Twitter @iamnozair


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on March 31, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 31, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 283.8 286.6
Euro EUR 306 309
UK Pound Sterling GBP 347.5 351
U.A.E Dirham AED 77.2 79.9
Saudi Riyal SAR 75.6 76.4
Australian Dollar AUD 187.5 189.9
Bahrain Dinar BHD 753.99 761.99
Canadian Dollar CAD 206.5 208.7
China Yuan CNY 41.25 41.65
Danish Krone DKK 41.26 41.51
Hong Kong Dollar HKD 36.11 36.46
Indian Rupee INR 3.45 3.56
Japanese Yen JPY 2.15 2.22
Kuwaiti Dinar KWD 925.67 934.67
Malaysian Ringgit MYR 62.85 63.45
New Zealand Dollar NZD 175.57 177.58
Norwegians Krone NOK 26.33 26.63
Omani Riyal OMR 736.34 744.35
Qatari Riyal ‎QAR 77.92 78.62
Singapore Dollar SGD 209.5 211.5
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 308.25 310.75
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – 31 March 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 208,200 on Friday. The price of 10 grams of 24k gold was recorded at Rs178,500.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,849.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 208,200 PKR 2,470
Karachi PKR 208,200 PKR 2,470
Islamabad PKR 208,200 PKR 2,470
Peshawar PKR 208,200 PKR 2,470
Quetta PKR 208,200 PKR 2,470
Sialkot PKR 208,200 PKR 2,470
Attock PKR 208,200 PKR 2,470
Gujranwala PKR 208,200 PKR 2,470
Jehlum PKR 208,200 PKR 2,470
Multan PKR 208,200 PKR 2,470
Bahawalpur PKR 208,200 PKR 2,470
Gujrat PKR 208,200 PKR 2,470
Nawabshah PKR 208,200 PKR 2,470
Chakwal PKR 208,200 PKR 2,470
Hyderabad PKR 208,200 PKR 2,470
Nowshehra PKR 208,200 PKR 2,470
Sargodha PKR 208,200 PKR 2,470
Faisalabad PKR 208,200 PKR 2,470


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