The purchase agreement, which the Pakistani Competition Commission approved on Thursday, will increase foreign investment in Pakistan and the nation’s exports of rice.
With the recognition of Pakistan’s agricultural potential by international agribusiness experts, this transaction, which is governed by a share purchase agreement, marks a significant step forward in the country’s efforts to attract foreign direct investment.
For its proficiency in the cultivation, processing, and distribution of rice products, Euricom SPA is well-known. In an effort to capitalize on Pakistan’s abundant agricultural potential, the corporation has purchased a portion of Pakistan-based Fatima Euricom Rice Mills, a company involved in the acquisition and processing of paddy rice.
