Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

SMEDA compiles recommendations for Citrus Development Board

byCT Report
08/02/2016
in Business
Share on FacebookShare on Twitter

You might also like

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Sales tax chaos: Hybrid vehicle makers halt production

17/08/2026

LAHORE: Small and Medium Enterprises Development Authority (SMEDA) has compiled recommendations for creation of Citrus Development Board (CDB) to enhance exports of Kinnow (citrus fruit) from Pakistan.
SMEDA Chief Executive Officer Muhammad Alamgir Chaudhry told media here that Prime Minister had formed a high-level Committee on development of Citrus sector with SMEDA as a member.
He said, the committee, during its last meeting held in Ministry of National Food Security, had tasked the SMEDA to interact with stakeholders of Citrus sector to formulate viable recommendations for establishment of the proposed Citrus Development Board. Consequently, he added, a meeting with stakeholders of citrus sector was held at Zahid Kinnow factory, Bhalwal, which was attended by representatives of growers, exporters, processors, research institutes and the related government departments.
Alamgir Chaudhry said that stakeholders were grateful to the Prime Minister Muhammad Nawaz Sharif for taking interest in development of Citrus sector, and were confident that creation of Citrus Development Board would help overcome the barriers hindering increase in exports of Pakistani Kinnow from Pakistan.
The CEO said that Pakistan was exporting Kinnow worth USD 192 million every year, which was 1.5 percent of the total Citrus trade in the world. He said that a target of capturing five percent share from the total world Citrus Trade for Pakistan had been set for next five year, which would raise exports of Pakistani Kinnow from USD 192 million to USD 600 million per anum.
The CEO said that SMEDA had completed its recommendations for development of Citrus sector, which would be taken up with the Committee in its next meeting. He said that recommendations included various initiatives for capacity building, marketing, financing and international certification of Citrus sector besides production of seedless Kinnow and creation of the Citrus Development Board for implementation of the development proposals.

Related Stories

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

Next Post

Tuesday Feb 09 Monday Feb 15, 2016

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.