Pakistan Business Association: It is necessary to establish banking channels with Iran and Russia

According to the report of Fars International Economic Group, quoted by Express Tribune, the Pakistan Business Association announced that the Central Bank of Pakistan (SBP) has not established any official banking channel with the markets of Iran and Russia. this side The potential of these markets cannot be used.

Ahmad Javad, Deputy Director of Pakistan Chamber of Commerce, said: The Central Bank of Pakistan should improve the conditions for exporters, especially for the markets of Iran and Russia, through the timely issuance of electronic forms and the creation of special arrangements for banking channels. facilitate slow down

Javad added: “The Iranian market can attract 60,000 to 80,000 tons of tangerines every year, while the market size of Russia, Ukraine and Belarus is (large) the most Importer of citrus fruits in the world) for Pakistani citrus fruits can be doubled from the current volume of about 50 thousand tons in the shortest time. Of course, this is to create link It depends on the official banking services of the government of Pakistan.

He explained: “Citrus with an average annual harvest of 2.4 million tons constitutes about 30% of the total fruit production of Pakistan.” This amount has increased by 1.5% annually since the last two decades. In the same period, the amount of exports also increased by 17% annually.

This Pakistani official warned that the price of oranges may increase this winter due to the 50% decrease in fruit production due to the severe lack of water and the unexpected increase in temperature.

end of message/