Bosan asks Belarus to invest in Pakistan

bosan-asks-belarus-to-invest-in-pakistan

Bosan asks Belarus to invest in Pakistan ISLAMABAD: Minister for National Food Security and Research Sikandar Hayat Khan Bosan on Monday asked Belarus to set up assembly plants for farm-related machinery and tractors in Pakistan to help decrease their prices.

Talking to Belarus Deputy Prime Minister Vladimir Semashko, Mr Bosan said most Pakistani farmers prefer Belarus Tractor due to its high efficiency. However, he conveyed the concern of local farmers about its high price to Mr Semashko.

Mr Bosan requested the deputy prime minister of Belarus to consider lowering the prices of tractors and other agriculture-related machinery.

Earlier, the two officials discussed matters of mutual interests, including dairy products, cotton, wool, agricultural machinery, farm mechanisation technology and infant food formula production, in detail.

Both countries share common trends in the consumption of milk and other dairy products. Pakistan’s annual trade with Belarus is worth $56 million, a major part of which consists of agricultural products.

Compared to 44 per cent duty on farm machinery in the past, the current government has decreased it to 5pc only.

The deputy prime minister invited Mr Bosan along with a team of experts to trade exhibition Belagra, which will be held in Belarus in the first quarter of 2017.

Source: http://www.dawn.com/news/1287811/bosan-asks-belarus-to-invest-in-pakistan

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