Exports of citrus have been increased up to US$162.6 million from July to March in the year 2011-12 compared to US$95.8 million during the corresponding period last year. - File photo

 

ISLAMABAD: The exports of Pakistani citrus have registered an increase of 70 per cent in a year, Minister for Commerce Makhdoom Amin Fahim told National Assembly on Wednesday.

In a written reply to the question of Ms Nighat Parveen Mir, he said the exports of citrus have been increased up to US$162.6 million from July to March in the year 2011-12 compared to US$95.8 million during the corresponding period last year.

The country has also exported 247,909 metric ton mangoes to various countries from 2008 to 2010-11. In the year 2008-09, as many as 73,437 metric ton mangoes were exported, while 84,921 MT mangoes were exported in 2009-10, and 89,551 MT mangoes were exported in 2010-11.

In a written reply to another question he said, European Union - the union of 27 European countries is the largest business partner of Pakistan. EU had already announced concession on 75 products for Pakistan subject to waiver. The matter is now with European Parliament for legislation before implementation. Pakistan is making diplomatic efforts for getting concessions on 75 products.

He said Pakistan will qualify for duty free access to EU from January 1, 2014 as the country has ratified all the 27 international conventions.

In reply to another question he said, Pakistan and India are in the process of normalizing bilateral trade relations under resumed composite dialogue. As a first step, negative list of 1,209 tariff lines have been notified.

With the phasing out of negative list by December 31, 2012, complete trade normalization with India will be in place subject to the removal of the non-tariff barriers by the Indian government.

In written reply to question he said, country's imports stands at $34.82 million during 2008-09, $34.71 million in 2009-10, $ US 40.41 million in 2010-11, and $44.91 million in 2011-12.

The volume of trade between Pakistan and Africa was $2.4 billion and $3.09 billion respectively.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Following through
Updated 09 Apr, 2025

Following through

Reconciliation, development, and deradicalisation initiatives cannot remain dormant words in a policy document.
Robe rebellion
09 Apr, 2025

Robe rebellion

THE unrest within the Islamabad High Court shows no sign of abating, and it is perhaps just as well that the ...
Fearing birth
09 Apr, 2025

Fearing birth

AMID dramatic aid cuts, the WHO has sounded the alarm about the dangers to Pakistan’s mothers and newborns, asking...
Meltdown
08 Apr, 2025

Meltdown

A full-blown trade war is upon us as the era of the rules-based, multilateral trading order is nearly over.
Settling differences
Updated 08 Apr, 2025

Settling differences

Unless there is a broad agreement on the path forward, the country will remain trapped in a cycle of recurring instability.
Glacial ingenuity
08 Apr, 2025

Glacial ingenuity

NECESSITY is indeed the mother of invention, as witnessed in Gilgit-Baltistan. In these areas, where climate change...