AGL 37.60 Increased By ▲ 0.35 (0.94%)
AIRLINK 122.25 Decreased By ▼ -1.77 (-1.43%)
BOP 5.70 Increased By ▲ 0.08 (1.42%)
CNERGY 3.70 Decreased By ▼ -0.02 (-0.54%)
DCL 8.67 Increased By ▲ 0.42 (5.09%)
DFML 39.73 Decreased By ▼ -0.54 (-1.34%)
DGKC 85.45 Decreased By ▼ -0.29 (-0.34%)
FCCL 32.77 Increased By ▲ 0.17 (0.52%)
FFBL 66.42 Decreased By ▼ -0.08 (-0.12%)
FFL 9.95 Decreased By ▼ -0.21 (-2.07%)
HUBC 104.60 Increased By ▲ 1.50 (1.45%)
HUMNL 13.50 Increased By ▲ 0.10 (0.75%)
KEL 4.31 Increased By ▲ 0.06 (1.41%)
KOSM 7.12 Decreased By ▼ -0.06 (-0.84%)
MLCF 37.80 Decreased By ▼ -0.50 (-1.31%)
NBP 62.49 Decreased By ▼ -2.52 (-3.88%)
OGDC 174.00 Increased By ▲ 0.20 (0.12%)
PAEL 24.90 No Change ▼ 0.00 (0%)
PIBTL 5.75 Decreased By ▼ -0.05 (-0.86%)
PPL 142.50 Decreased By ▼ -0.20 (-0.14%)
PRL 22.90 Decreased By ▼ -0.08 (-0.35%)
PTC 14.98 Decreased By ▼ -0.13 (-0.86%)
SEARL 65.15 Decreased By ▼ -0.20 (-0.31%)
TELE 7.02 Increased By ▲ 0.02 (0.29%)
TOMCL 36.40 Decreased By ▼ -0.51 (-1.38%)
TPLP 7.32 Decreased By ▼ -0.02 (-0.27%)
TREET 14.32 Increased By ▲ 0.04 (0.28%)
TRG 50.90 Increased By ▲ 1.20 (2.41%)
UNITY 26.55 Increased By ▲ 0.40 (1.53%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,593 Decreased By -8.8 (-0.09%)
BR30 28,616 Increased By 43.4 (0.15%)
KSE100 90,147 Decreased By -139.4 (-0.15%)
KSE30 28,192 Decreased By -150.7 (-0.53%)

ISLAMABAD: Pakistan has started export of tractors to an African country, Tanzania, with the first consignment of Pakistan-made tractors, marking a major milestone in the country’s trade relations with East Africa.

According to Commerce ministry, this development came as a result of concerted efforts by Pakistani authorities at the highest level.

The import process was facilitated by Pakistan’s High Commission in Kenya, particularly in Nairobi, where High Commissioner Ibrar Hussain and Commercial Counsellor Adeela Younis coordinated closely with the Kenyan-Tanzania-based Masai Trekta Company Ltd to make the transaction successful.

Belarus keen to work with SIFC on large tractor manufacturing

Masai Trekta Company Ltd, having recently opened its tractor distribution head office in Tanzania, has become a key partner in distributing Pakistani ATS tractors across Tanzania and potentially expanding further across the region.

The tractors were imported from Pak-Tractors House, a prominent manufacturing company based in Lahore.

The Commerce ministry further stated that the arrival of these tractors is expected to strengthen Pakistan’s export portfolio in East Africa and opens up the possibility for an increase in tractor exports to Tanzania and neighboring countries.

Federal Minister for Commerce Jam Kamal Khan praised the collaborative efforts between government officials, TDAP, and the Pakistani High Commission in Nairobi, expressing hope that this achievement would inspire similar partnerships in the future.

He emphasized that such trade developments would not only support Pakistan’s manufacturing sector but also enhance the nation’s economic footprint in the African market.

This accomplishment reflects Pakistan’s commitment to expanding trade partnerships globally, with a strong focus on Africa.

The MoC said that the partnership with Masai Trekta Company Ltd is expected to drive further export growth, benefitting Pakistan’s agricultural machinery sector and providing East Africa with high-quality, reliable equipment.

Under the guidance of Federal Minister for Commerce Jam Kamal Khan and Secretary Commerce, Jawad Paul, Pakistan High Commission in Kenya, Nairobi facilitated a Kenyan-Tanzania-based Company “Masai Trekta Company Ltd” to import tractors from Pakistan.

Masai Trekta Company Ltd has opened their tractors distribution head office in Tanzania to sell ATS tractors from Pakistan. Due to this development, more exports of tractors to Tanzania are expected.

Copyright Business Recorder, 2024

Comments

200 characters