AIRLINK 73.18 Increased By ▲ 0.38 (0.52%)
BOP 5.00 Decreased By ▼ -0.06 (-1.19%)
CNERGY 4.37 Increased By ▲ 0.04 (0.92%)
DFML 29.95 Decreased By ▼ -0.57 (-1.87%)
DGKC 91.39 Increased By ▲ 5.44 (6.33%)
FCCL 23.15 Increased By ▲ 0.80 (3.58%)
FFBL 33.50 Increased By ▲ 0.28 (0.84%)
FFL 9.92 Increased By ▲ 0.14 (1.43%)
GGL 10.35 Decreased By ▼ -0.05 (-0.48%)
HBL 113.01 Decreased By ▼ -0.61 (-0.54%)
HUBC 136.28 Increased By ▲ 0.08 (0.06%)
HUMNL 9.60 Decreased By ▼ -0.43 (-4.29%)
KEL 4.78 Increased By ▲ 0.12 (2.58%)
KOSM 4.72 Increased By ▲ 0.32 (7.27%)
MLCF 39.89 Increased By ▲ 1.54 (4.02%)
OGDC 133.90 Increased By ▲ 0.50 (0.37%)
PAEL 28.85 Increased By ▲ 1.45 (5.29%)
PIAA 25.00 Increased By ▲ 0.24 (0.97%)
PIBTL 6.94 Increased By ▲ 0.39 (5.95%)
PPL 122.40 Increased By ▲ 1.19 (0.98%)
PRL 27.40 Increased By ▲ 0.25 (0.92%)
PTC 14.80 Increased By ▲ 0.91 (6.55%)
SEARL 60.40 No Change ▼ 0.00 (0%)
SNGP 70.29 Increased By ▲ 1.76 (2.57%)
SSGC 10.42 Increased By ▲ 0.09 (0.87%)
TELE 8.85 Decreased By ▼ -0.20 (-2.21%)
TPLP 11.32 Increased By ▲ 0.06 (0.53%)
TRG 66.57 Increased By ▲ 0.87 (1.32%)
UNITY 25.20 Decreased By ▼ -0.05 (-0.2%)
WTL 1.55 Increased By ▲ 0.05 (3.33%)
BR100 7,676 Increased By 42.9 (0.56%)
BR30 25,471 Increased By 298.6 (1.19%)
KSE100 73,086 Increased By 427.5 (0.59%)
KSE30 23,427 Increased By 44.5 (0.19%)

South Korea has agreed to provide farming technology and to set up joint agricultural projects with North Korea to ease chronic food shortages there that stem from the communist state's beleaguered farm sector.
The two sides reached the agreement when they re-convened late on Friday night after earlier talks ended in a deadlock, according to pool reports.
Agricultural experts have said North Korea needs immediate food and fertiliser assistance to ease food shortages, but it also has to overhaul farming methods to produce enough food to feed its 22.5 million people.
The meeting in the North Korean city of Kaesong was the first time the two sides had held joint agricultural talks.
Seoul also agreed to provide fertiliser, pesticides as well as new equipment, according to the pool reports.
South Korea has sent hundreds of thousands of tonnes of rice and fertiliser to the North over the past several years as humanitarian aid to help the North battle its chronic food shortages. South Korea recently agreed to provide 500,000 tonnes of rice to North Korea this year.
About a million people in North Korea died in the 1990s because of a famine.
North Korea's agricultural sector has been hit by the country's economic difficulties brought about by the loss of communist trading partners after the end of the Cold War.
It also faces economic isolation because of international concerns about its leadership and pursuit of nuclear weapons.
An expert on North Korea's agricultural sector has said the system is steeped in inefficiencies and plagued by a lack of resources.
Food production rose to an annual 4.5 million tonnes in the late 1980s before the end of the Cold War, but shrank to 2.75 million tonnes by 2000. It has since risen again, reaching 4.24 million tonnes in 2004, according to the South's Korea Rural Economic Institute.

Copyright Reuters, 2005

Comments

Comments are closed.