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Pakistan sends first shipment of dried chillies to China

10:21 PM | 19 Dec, 2023
Pakistan sends first shipment of dried chillies to China
Source: File Photo

Minister of Commerce and Industries Gohar Ejaz on Tuesday announced a significant breakthrough in Pakistan’s agricultural exports to China with the inaugural shipment of dried chillies.

This achievement marks the beginning of a new era in the trade relationship between Pakistan and China, said a press release issued here.

The minister extended best wishes to the exporter for their extraordinary feat and expressed sincere appreciation for the unwavering support of the Chinese government in creating a substantial market for Pakistani goods within China.

“I am delighted to announce that the first-ever consignment of dried chillies is on its way to China. This achievement not only showcases the capabilities of our exporters but also highlights the potential for further collaboration between Pakistani and Chinese businesses,” the minister stated.

He emphasised that the exports of Pakistan’s products to China have the potential to exceed $20 billion in the coming years.

However, achieving this ambitious goal requires concerted efforts from Pakistani agricultural exporters.

Ejaz encouraged the exporters to uphold high-quality standards, increase productivity and implement effective marketing strategies to meet the expectations of the Chinese market.

Benefiting from the Pakistan-China Free Trade Agreement, Pakistan enjoys a competitive edge with zero tariffs, giving it a unique position in the region.

The minister highlighted the immense potential for growth in the Chinese market, especially in the agricultural sector, and urged the adoption of new technologies such as hybrid seeds and openness to corporate farming.

Daily Pakistan Global Web Desk

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Today Open Market Currency Rates - Pak Rupee to US Dollar, Euro, Pound, Riyal - 23 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 23, 2024 (Saturday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.7 for buying and 280.85 for selling.

Euro's buying rate stands at 294.3 and selling rate is 297.9 while British Pound rate is 352 for buying, and 355.5 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 72.85.

Currency Rates in Pakistan

Currency Symbol Buying Selling
US Dollar USD 277.7 280.85
Euro EUR 294.3 297.9
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 72.85 73.6
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.98 748.98
Canadian Dollar CAD 202 204
China Yuan CNY 38.4 38.8
Danish Krone DKK 40.15 40.55
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 908.7 917.7
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.98 172.98
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.75 731.75
Qatari Riyal QAR 76.53 77.23
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.68 26.98
Swiss Franc CHF 315.21 317.71
Thai Bhat THB 7.59 7.74

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