IQNA

Pakistani Official Stresses Tapping into Global Halal Market

14:51 - August 15, 2022
News ID: 3480104
TEHRAN (IQNA) – A Pakistani official said the corporate sector in the Asian country must fully exploit the potential of vast scope of halal food exports in the global market.

Halal food

 

He said the global halal exports’ size of $2 trillion is expected to touch the level of $3 trillion in the next five years.

Talking to a delegation of halal food exporters from Malaysia in Islamabad on Sunday, Meher Kashif Younis said there were enormous opportunities for cooperation in “Halal Food Market” between Pakistan and Malaysia and this sector in Malaysia had an extensive network of value-added Industry and multinational companies that could help Pakistan to connect with the global supply chain.

He said that traditionally halal food includes meat, poultry, seafood, fruits and vegetables, dairy products, grains, oil, fats, waxes and confectioneries that could be exported at competitive price in the emerging global market by bringing value added products.

He said there was an FTA between Pakistan and Malaysia to bring the business communities of both countries closer to make it more effective, adding that Pakistan should be partner and catalyst for reform to drive sustainability and to contribute to our collective goal of shared prosperity.

He said Malaysia can play a major role in providing Pakistan with economic and trade opportunities in the Association of Southeast Asian Nations (ASEAN) regional block.

 

Source: dailytimes.com.pk

 

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