Pakistan can grab huge share of international halal trade

LAHORE: Livestock is an integral part of agriculture sector of Pakistan and has the potential to get huge share in the international halal trade of over $300 billion.

Government should formulate favorable policies for livestock sector which has 55.9 percent and 11.8 percent share in agriculture and GDP respectively.

These views were exchanged between LCCI President Malik Tahir Javaid, who was heading a delegation to the Punjab Agriculture and Meat Company’s (PAMCO) state-of-the art slaughterhouse, and PAMCO Chairman Mumtaz Khan Manais.

Chairman PAMCO gave detailed briefing to the LCCI delegation about PAMCO’s efforts and sought its help for promotion of halal exports. He said that PAMCO has engaged itself to enhance quality production, processing, value addition, marketing & supply chain of meat, livestock, agriculture products & by-products for local & export markets. He said that company is providing trainings & technical backstopping at all stages of the integrated meat & agriculture value chains.

LCCI President Malik Tahir Javaid lauded the performance and efforts of PAMCO for boosting the livestock sector of Pakistan and assured his full support to the company saying that the LCCI is ready to hold seminars and workshops in collaboration with PAMCO. He said that livestock sector is producing its own energy by biogas.

He said that government should join hands with private sector to secure huge share in international halal trade. He said that demand of meat in the world will double in the next two decades and Pakistan has all resources to become a global leader in this particular sector.

He added, halal Food has become billions dollar global economy today, wherein Pakistan’s share is still insignificant. It is high time for Pakistan’s economy to get a boost not by getting aids from foreign countries but by exploiting the untapped potential of Halal foods that has created a brand new Global Economy in the world.

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