Pakistan Mercantile Exchange (PMEX) hosted a dinner for a visiting World Bank delegation which is looking into the possibility of collaborating with the Pakistan private sector with its various agriculture projects. The dinner was hosted on the back of PMEX's listed contracts of Red Chilli that has attracted the attention of growers, corporate buyers and traders in Pakistan.
The delegation of the World Bank was led by Martien Van Nieuwkoop, the Agriculture Manager for South Asia. Other representatives at the event included the executives of Agility Logistics, SGS Pakistan, National Foods, K&N, HBL, Pakistan Agriculture Coalition (PAC) and Habib Oil Mills. The dinner provided an opportunity for all participants to discuss opportunities of bringing agricultural commodities trade on a regulated platform of PMEX. It is anticipated that with the active participation of growers, certifications companies, warehousing and logistic service providers the vision of trading agricultural produce at a national institute, PMEX, can be achieved.-PR