Page 14 - April-May-2020

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Target of 5 million acres

set for cotton cultivation

Punjab Minister for Agriculture, Malik Nauman the development of agriculture sector to give a
Ahmad Langrial, has said that the provincial boost to the national economy. All possible
government has planned to attract farmers towards measures including agriculture marketing, good
cotton growing and a target of 5 million acres has price of crops for the farmers and facilitation are
been set for cotton cultivation. Speaking at the being taken in this regard.
Lahore Chamber of Commerce and Industry, the
minister said that quality seed for one lakh acres The minister further said, “During the current year,
will also be provided by the government to per acre cotton production will be increased from
encourage cotton cultivation because farmers 18 maund to 25 maund.” Mr Almas Hyder, LCCI
prefer to grow wheat, rice and oil seed due to high President said the agriculture and economy are
profit margins as compared to cotton. vital for each other. He said, “The modern
techniques and hybrid seed can help Pakistan
He said the Punjab government attaches priority to produce 30 to 40 million bales of cotton.”

Spain to transfer modern

textile technology to

Pakistan

Mr Zia Alumdar Hussain, president Faisalabad He added, “I shall personally visit Faisalabad to
Chamber of Commerce and Industry (FCCI), had a interact with the business community. Spain is
meeting with Spanish Ambassador Mr Manuel ready to support Pakistan by transferring the latest
Duran and discussed various issues regarding the technology for the up-gradation of its existing
bilateral trade. The Spanish ambassador will visit industrial units”.
Faisalabad very soon to evaluate the opportunities
in the wake of CPEC. The FCCI also floated a proposal of sending a
trade delegation to Spain so that direct relations
Spanish Ambassador Mr Manuel Duran could be cultivated between the business
acknowledged the importance of Faisalabad in the communities of the two countries. Later, Mr Jawad
economy of Pakistan, saying it could not be Asghar presented the FCCI shield to the Spanish
ignored because of its excellence in the textile field. envoy.

April/May 2020