Business

Pakistan exploring new markets for export of meat, dairy products

dairy products

ISLAMABAD: The Government is exploring new markets for export of meat and dairy products with focus on Global Halal Food Trade, official sources told Radio Pakistan on Sunday.

Sources told the state radio that many Muslim countries are dependent on imported meat and Pakistan can significantly increase its exports by focusing on modern and hygienic slaughter houses that can meet international standards for frozen or chilled red meat.

They said efforts are being made for market access in Russia, China, South Africa, Egypt, Hong Kong and Indonesia besides Middle-East countries for meat and meat products.

The sources said the United Arab Emirates has lifted ban on import of poultry and poultry products from Pakistan. This would go a long way in promoting the export of poultry products.

They said Netherlands-based multinational company Friesland has acquired fifty-one percent share of Engro Food Pakistan, which is one of the largest private sector Foreign Direct Investment in dairy sector of Pakistan amounting to $450 million.

 

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