April 22, 2025 (MLN): Pakistan is on monitor to safe a $200 million halal meat export take care of Malaysia over the subsequent 5 years, marking a major increase for the nation’s agricultural and commerce sectors.
The event follows ongoing bilateral talks aimed toward strengthening financial cooperation between the 2 nations.
The potential settlement was a central focus of a high-level assembly held in Islamabad, chaired by the Federal Minister for Nationwide Meals Safety and Analysis, Rana Tanveer Hussain.
The assembly introduced collectively key stakeholders, together with Federal Minister for Commerce Jam Kamal and Prime Minister’s Advisor on Trade Haroon Akhtar Khan, to debate methods for enhancing Pakistan’s halal meat export capability.
Minister Rana Tanveer Hussain emphasised the federal government’s dedication to rising the halal meat business and tapping into worldwide markets, as per the press launch issued.
“We’re in superior talks with Malaysia, and if the deal materializes, it might result in $200 million in exports over 5 years,” he mentioned.
He famous that the settlement wouldn’t solely profit Pakistan’s economic system but in addition strengthen general ties with Malaysia.
“Each nations have immense potential for cooperation in commerce, IT, vitality, agriculture, and halal meat exports. It’s as much as us to grab this chance,” he acknowledged.
The minister additionally assured that Pakistan will uphold the very best high quality requirements in its meat exports.
“We won’t compromise on high quality. Malaysia can depend on receiving premium-grade halal meat from Pakistan", he added.
This growth follows Malaysian Prime Minister Anwar Ibrahim’s current go to to Pakistan, throughout which each governments agreed in precept to boost commerce in halal meat. Pakistan is at the moment Malaysia’s third-largest buying and selling associate in South Asia.
Discussions throughout the go to additionally included plans for a Memorandum of Understanding (MoU) between the Pakistan-Malaysia Enterprise Council (PMBC) and the Malaysia-Pakistan Enterprise Council (MPBC) to advertise cooperation in halal commerce.
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Posted on: 2025-04-22T13:51:59+05:00
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