US grants four-year export permit to Pakistan’s seafood industry

ISLAMABAD: Pakistan’s seafood industry received a major boost as the United States (US) granted a four-year approval for fish exports, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced, ARY News reported.

The minister said the permit is an international recognition of Pakistan’s seafood quality standards, confirming that the country’s fisheries meet US benchmarks. With this approval, Pakistan will be able to ensure continuity in seafood exports to one of the world’s most important markets.

Highlighting the sector’s performance, Chaudhry said Pakistan exported 242,000 tons of fish last year, earning $489 million in foreign exchange. With the U.S. market open for the next four years, Pakistan expects seafood exports to rise, with projections of $600 million in the coming year.

The minister emphasized that U.S. approval will provide stability to the country’s exports, strengthen its global credibility, and create new opportunities for the fishing community.

“This is a proud moment for Pakistan, as our fisheries have proven their ability to meet global quality requirements,” Chaudhry added.

Also Read: Muhammad Aurangzeb hints at major US investment in Pakistan

Earlier, Federal Minister for Finance Muhammad Aurangzeb Monday hinted at major US investments in different sectors of Pakistan following successful trade talks.

In an informal discussion upon his return from the United States, Muhammad Aurangzeb said that the country will soon receive encouraging news of substantial investments across various sectors from the US.

He stated that during his visit, Pakistan achieved significant success in key meetings held as part of trade negotiations, which were highly appreciated by the US administration.

The minister described the trade talks with the US as a major success for the country, noting that Pakistan is moving in the right direction and the results will be visible soon.

Muhammad Aurangzeb underlined the need for making decisions that will bring long-term improvements to the economy and expressed satisfaction over the mutually successful outcome of the negotiations.