Olson emphasises private sector role in modernizing Pakistan’s agri market

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At the 2nd annual Dawn Agriculture Expo, U.S. Ambassador Richard Olson, Thursday, emphasized the private sector’s crucial role in expanding Pakistan’s agricultural markets.
He also celebrated more than 50 years of U.S.-Pakistan cooperation in the agriculture sector – a partnership that contributed to the Green Revolution of the 1950s 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 the Pakistan government. These efforts are focused on creating jobs, increasing farmers’ incomes, and improving Pakistan’s food security.
Speaking at the Expo, Ambassador Olson emphasized 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 programs and transfer them into viable commercial enterprises.” Since 2009, the U.S. government has invested more than $230 million to fund projects that support the economic growth of Pakistan’s agriculture sector. At the Expo, the U.S. Agency for International Development, the U.S. Foreign Commercial Service, and the U.S. Department of Agriculture highlighted many of these agricultural initiatives.