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In a first, Pakistani mangoes reach Russia via road

05:17 PM | 19 Aug, 2021
In a first, Pakistani mangoes reach Russia via road

ISLAMABAD – Pakistan Customs and Federal Board of Revenue (FBR) have processed a consignment of White Chaunsa mangoes from Pakistan to Russia under the multilateral treaty.

Reports quoting the Federal Board of Revenue (FBR) cited that this is one of the first endeavors to introduce Pakistani fresh fruits and indigenous goods to Russia as both sides have made concerted efforts to establish the foundation for a mutually beneficial relationship.

The statement of the federal agency further added that the exports of mangoes to Russia via International Road Transports will help the Pakistani traders to capture markets in European countries.

The consignment was destined for Moscow via the Tehran-Astara-Astrakhan route which totaled around 4600 km and will be covered in a week's time.

Meanwhile, Prime Minister’s aide on Commerce and Investment Abdul Razak Dawood also felicitated the Sahiwal-based exporter.

“I congratulate Ishfaq & Co on becoming the first company to have exported mangoes to Russia via road under the TIR, it opens new vistas for our exports to Russia & Europe via land route," he captioned the post.

Meanwhile, instant TIR transportation will also makes kinnow exports easy, which will take around 10 days to reach Moscow through the Tehran-Astara-Astra Khan route contrary to the sea route that takes more than a month.

The South Asian country has made gains in recent times when it comes to the export of mangoes with Australia and Japan.

Earlier, Adviser for Commerce atnd Investment Razzaq Dawood expressed hope that the exports of Pakistan would reach $50 billion owing to the policy of trade diversification in potential trade sectors by the last fiscal year of the current government.

“Make in Pakistan is the government’s top priority trade policy, which aimed to introduce traditional and non-traditional export sectors and local products in the international trade market”, he said.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

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