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$1.1 billion trade: S Korea to help PMAS start research projects, train farmers

byCustoms Today Report
06/03/2015
in Business
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ISLAMABAD: A South Korean delegation headed by Korean Ambassador Jong Hwan Song to Pakistan met Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) Vice Chancellor Prof Dr Rai Niaz Ahmad and agreed to initiate collaborative research projects in the field of agriculture.

They discussed the possibilities of collaboration in academic, research, training and value chain activities for the development of agriculture sector.

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The visiting delegation exchanged views with PMAS-AAUR academic leadership and applauded its numerous steps to develop the institutional relations with leading institutions and corporate entities.

Both parties shared views for joint efforts that are important for potential expansion of future collaborations. Both parties also agreed to train the farmers in how to increase their farm productivity, more effective means for production of superior-quality seeds, post-harvest handling of crops, value-addition and marketing and advanced on-farm management.

On the occasion, Korean Ambassador Jong Hwan Song, said that soybean is one of the most valuable crops in the world not only as an oil seed crop but also as a good source of protein for the human diet. He appreciated the efforts of PMAS-AAUR in the development of higher education and research, especially in the field of arid agriculture, where the harvestable resources are limited.

Earlier, the Vice-Chancellor briefed the delegation on the academic, research and extension programs of the University and its role in the development of agriculture sector. Vice Chancellor said scientists are working to reduce the cost of production in the country and make the crop profitable for farmers.

Bilateral trade between the two countries is around $1.1 billion. Both sides have expressed interest to further promote the trade and investment relationship between the two countries.

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