Pakistan, Saudi Arabia Target $3bn Agri-Food Exports

Pakistan and Saudi Arabia have set a target to increase Pakistan's agricultural and food exports to Saudi Arabia to $3 billion within the next two years. This agreement, reached during talks in Islamabad, focuses on priority areas including rice, red meat, fruits, and green fodder. The move is expected to significantly bolster Pakistan's foreign exchange earnings and improve its balance of payments. This positive development for Pakistan's external account could contribute to a stronger PKR, potentially influencing local gold prices.

بحوالہ / Source: www.brecorder.com