APSEA Seals US$500 Million Soybean Deal to Boost Agro-Industry

The All-Pakistan Solvent Extractors Association (APSEA), in a major boost to Pakistan’s agro-industry, has signed a historic US$500 million soybean import contract with major American exporters. The agreement was sealed during APSEA’s trade delegation visit to Washington, the deal will shift a large portion of Pakistan’s soybean imports, currently dominated by Brazil, to the U.S., helping reduce trade imbalances while maintaining cost-efficiency.

APSEA Patron-in-Chief Shehzad Ali Khan stated, “This successful trade visit has laid the foundation for long-term benefits, not only for the national economy but also for all stakeholders associated with the soybean industry,”. Moreover, emphasizing that the agreement would open new avenues of growth and strengthen economic stability in Pakistan.

By diversifying supply sources without raising the cost of imports, the agreement is set to boost industrial resilience and economic stability. For the agro-processing industry, the program opens the way for a more stable access to commodities and renewed investor confidence, which is a strategic realignment that could have a ripple effect across Pakistan’s agriculture-linked value chains.