Pakistan and Greece will sign a memorandum of understanding (MoU) for cooperation in olive cultivation and olive oil production, officials said. Pakistan s food and agriculture ministry has accepted the draft of the MoU which has now been forwarded to the Greek authorities for finalising arrangements for inking it. Once signed, the MoU would also provide a necessary framework for collaboration in the field of agriculture. Pakistan exporters would be able to re-export Greek olive oil to various regions where quality olive oil is needed. Olive oil is one of the major and well-known products of Greece and is stated to be the finest in the world. The olive oil currently being sold in Pakistani supermarkets is imported mainly from Spain and Italy. These countries mix 30 percent of Greek olive oil with their own product to improve its quality and then re-export under their own brands.
