Private sector role in agriculture stressed

Friday, April 05, 2013

US Ambassador Richard Olson
US Ambassador Richard Olson

LAHORE: At the second annual Dawn Agriculture Expo, US Ambassador Richard Olson emphasised the private sector’s crucial role in expanding Pakistan’s agricultural markets.

He also celebrated more than 50 years of US-Pak cooperation in the agriculture sector–a partnership that contributed to the Green Revolution of the 50’s and more recently has increased incomes for 800,000 families over the last three years.

The expo highlighted new technologies and development projects being implemented in Pakistan through the collaborative efforts of international donors, private sector companies, and Pakistan’s government. These efforts are focused on creating jobs, increasing farmers’ incomes and improving Pakistan’s food security.

Speaking at the expo, Ambassador Olson emphasised that the private sector must be involved for development assistance to be effective. “The challenge for Pakistan’s long-term sustainable agricultural development ultimately depends on private sector initiatives to take these programmes and transfer them into viable commercial enterprises,” he said.

Since 2009, the US government has invested more than $230 million to fund projects that support the economic growth of Pakistan’s agriculture sector. At the expo, the US Agency for International Development, the US Foreign Commercial Service and the US Department of Agriculture highlighted many of these agricultural initiatives. Source DAWN


Published: Zarai Media Team

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