A memorandum of understanding (MoU) has been signed between Small and Medium Enterprise Development Authority (SMEDA) and International Trade Centre (ITC) in Islamabad to reduce poverty by strengthening small-scale agribusinesses in the country.
The selective activities of the European Union funded project growth of rural advancement and sustainable progress will be jointly implemented by SMEDA and ITC in Balochistan and Sindh.
Speaking on the occasion, Minister for Industries and Production, Syed Murtaza Mehmud expressed hope that with the implementation of GRASP project will help unlock the potential in livestock, dairy and horticulture sectors.
He urged to expand the programme to the other areas of south Punjab, KP and ex FATA.
It is pertinent to mention here that the GRASP project is likely to complete in six years at the cost of 1.8 million dollars and ensure the provision of a congenial business environment to small farmers.