Kinnow exports to Indonesia increase to 48 million dollars
According to the Nation, exports of kinnow (citrus fruit) from Pakistan to Indonesia have increased by 150 percent to 48 million dollars in the current fiscal year (from 20 million dollars last year).
This increase in kinnow exports is attributed to prudent government actions, especially the re-negotiation of the Preferential Trade Agreement with Indonesia. During re-negotiations, Indonesia agreed to give a concession on 20 tariff lines, such as on major exports, including rice, textile, ethanol, citrus (kinnow) and mangoes.
The concessions on the 20 tariff lines are a major success for Pakistan. Besides increase in the citrus export, the quantity of mangoes exported to Indonesia is likely to rise to 10 million tons in a year. The two countries' annual trade volume was 170 million dollars, which is expected to increase to 300 million dollars after renegotiation on the PTA.
Publication date: 12/7/2017
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