‘Lucrative deals’ await UAE agritech investment in Pakistan – Fawad Chaudhry

Science Minister Fawad Chaudhry talks to reporters at the Future Summit in Karachi, Sept. 18 2019. (APP)
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Updated 11 February 2020
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‘Lucrative deals’ await UAE agritech investment in Pakistan – Fawad Chaudhry

  • Chaudhry has been seeking more science and hi-tech cooperation with the Arab world
  • Agriculture contributes 24 percent to Pakistan’s GDP

ISLAMABAD: Pakistan is ready to offer land and expertise to Emirati companies willing to invest in its precision agriculture sector, Science and Technology Minister Fawad Chaudhry said on Monday.

“The UAE is one of the biggest investor(s) in agriculture. We can offer land and expertise to Dubai companies who want to come to Pakistan and invest in precision agriculture,” the minister said in a Twitter post.

He said that special offers would be available to those Emirati businesses which will help Pakistan develop its agricultural technology sector.

“We can have lucrative business deals for those UAE companies,” Chaudhry tweeted.

Chaudhry has been seeking more science and hi-tech cooperation with the Arab world, particularly the UAE and Saudi Arabia.

In late January, he told Arab News that the Arab world “can benefit immensely from Pakistan’s experience,” giving as examples software development and drone technology, which according to him in Pakistan are as advanced as in Europe.

The minister has called for Saudi and UAE investment in Pakistan’s agritech sector on numerous occasions. 

“We want to bring public-private partnership in the manufacturing of batteries, and in precision agriculture ... an approach for farm management with the utilization of information technology,” he told Arab News in September, on the sidelines of the Future Summit in Karachi. Precision agriculture is a farming concept based on site-specific crop management.

“In precision agriculture, we have invited Saudi Arabia and United Arab Emirates (as partners),” Chaudhry said.

In Pakistan, farmers continue to use age-old methods of conventional farming, which has hindered growth in its agricultural sector, coupled with water-shortages and the effects of climate change. As the largest sector of the economy, agriculture contributes 24 percent to the country’s GDP according to the Pakistan Bureau of Statistics.
 


Pakistan engages Saudi Arabia, China in bid to ease surging Middle East tensions 

Updated 10 March 2026
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Pakistan engages Saudi Arabia, China in bid to ease surging Middle East tensions 

  • Pakistan’s foreign minister stresses need for de-escalation in conversations with Chinese, Saudi counterparts
  • Tensions in the Middle East continue to remain high as conflict between US, Israel and Iran intensifies

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar spoke to the foreign ministers of Saudi Arabia and China on Tuesday, stressing the importance of diplomatic engagement to de-escalate tensions in the Middle East as the Iran war intensifies. 

Pakistan has constantly engaged regional countries in efforts to broker a ceasefire in the Middle East, after the US and Isreal launched coordinated strikes against Iran on Feb. 28. 

Iran launched fresh attacks on Gulf countries on Tuesday morning, where it has targeted US military bases in recent weeks. In addition to firing missiles and drones at Israel and American bases in the region, Iran has also been targeting energy infrastructure which, combined with its stranglehold on the Strait of Hormuz, has sent oil prices soaring worldwide. 

Dar spoke to Saudi Foreign Minister Prince Faisal bin Farhan to discuss developments in the Middle East and ongoing deliberations at the UN Security Council, Pakistan’s foreign office said in a statement. 

“DPM/FM shared Pakistan’s perspective, underscoring the importance of continued coordination and diplomatic engagement to support de-escalation and promote peace and stability across the region and beyond,” the statement said. 

Dar, who also serves as Pakistan’s foreign minister, spoke to Chinese foreign minister Wang Yi over the telephone separately. The two discussed the evolving regional situation and broader global developments.

Dar underscored the need to ease tensions in the Middle East and the wider region during the conversation, the foreign office said. 

Yi appreciated Pakistan’s constructive efforts aimed at promoting de-escalation and stability in the region, it added. 

“The two leaders stressed the importance of de-escalation and emphasized the need to pursue dialogue and diplomacy in accordance with the principles of the UN Charter,” the foreign office’s statement said. 

The conflict in the Middle East has hit Pakistan hard as well, forcing Islamabad to hike petrol and diesel prices by Rs55 per liter last Friday. 

Pakistan’s government has also announced a set of austerity measures, which include closing schools and cutting down on government expenditures, as it evaluates petrol stocks and looks for alternative supply routes.