According to a statement issued by the ministry, Economic Affairs Division Acting Secretary Ahmad Hanif Orakzai and Australian Center for International Agriculture Research (ACIAR) Chief Executive Officer Professor Andrew Campbell signed a memorandum of subsidiary agreement on “understanding the drivers of successful and inclusive rural regional transformation and sharing experiences and policy advice in Bangladesh, China, Indonesia and Pakistan”
Under the agreement, Australia will provide AUD 1.2 million for a programme to be completed in three years, till 2022. The objective of the programme is to understand the nature, divers and consequences of rural transformation in Bangladesh, China, Indonesia and Pakistan.
Expending urbanization is putting pressure on land, labour and other resources for higher productivity. Rural transformation is the process by which an agricultural system transforms over time from being subsistence to commercialized and market-oriented farming, read the statement.