Pakistan, Saudi Arabia Target $3 Billion in Agricultural Exports

Pakistan and Saudi Arabia have agreed to boost Pakistani agricultural and food exports to the oil-rich kingdom up to $3 billion within the next two years, a joint statement on Sunday said.

The agreement was reached after talks between Saudi Arabia's Agriculture Ministry and Pakistan's Food Security Ministry, at the initiative of Premier Shehbaz Sharif.

Pakistan supplied about 169,000 tonnes of rice worth $163 million to Saudi Arabia last year. The Saudi side expressed interest in further increasing bilateral trade of rice.