ISLAMABAD: Pakistan’s tobacco exports have crossed the $100 million mark, signaling a notable uptick in foreign exchange earnings from the sector.
The development comes as the federal government moves to streamline regulatory processes and offer policy support to sustain export momentum.
Federal Minister for National Food Security and Research, Rana Tanveer Hussain, in a high-level meeting with a delegation from Philip Morris International, emphasized the urgent need to finalize the long-pending Minimum Indicative Price (MIP) notification. The minister directed that the process be expedited to prevent financial uncertainty for farmers and exporters.
“Tobacco is a key contributor to rural employment, national revenue, and export income. Timely policy action is critical to protect the interests of growers and ensure a stable investment climate,” said the minister.
Hussain also reaffirmed the government’s commitment to a predictable and efficient regulatory framework that encourages responsible business practices and long-term sectoral growth. He acknowledged the role of multinational corporations in adhering to legal standards while boosting the country’s economic performance.
With Pakistan’s agriculture-linked industries facing increasing global competition, the minister stressed the importance of centralized policymaking at the federal level to avoid conflicting regulations that could undermine growth.
He concluded by assuring the delegation that their concerns are being taken seriously and that the Ministry will continue working closely with stakeholders to facilitate a business-friendly environment that drives rural development and boosts national exports.
The meeting signals a broader push by the government to align regulatory measures with economic priorities, especially in sectors like tobacco that have shown potential to enhance Pakistan’s export footprint.
