Times of Islamabad

Pakistan enters 15 billion Chinese Meat Market

Pakistan enters 15 billion Chinese Meat Market

*ISLAMABAD: After the signing of “Framework Agreement on AgriculturalCooperation” with China, Pakistan is expected to enter into billion dollarsmeat market of the world’s most populous country. *

According to a press release link,during the three days visit of the vice president of the People’s Republicof China to Pakistan from 26-28 May, two agreements were signed, one was“Framework Agreement on Agricultural Cooperation” and the other was“Memorandum on the Requirements of Foot and Mouth Disease (FMD) free zonewhere Vaccination is Practiced”.

Under the agreements, Pakistan will get an opportunity to cooperate withChina in the field of agriculture.

Federal Minister for National Food Security, Sahibzada Mehboob Sultan saidthe government is focusing on expanding the Pakistan’s meat market. Sheadded that the newly-signed five years agreement with China will help us toachieve the desired results not only in the meat market but in agriculturesector and will be mutually beneficial.

It is worth mentioning that China’s annual meat requirement is worth $12-15bn, entering into this profitable market will surely help Pakistaneconomy, currently meat from Pakistan is exported to Gulf countries,Vietnam and Malaysia, the press release said.

“The framework agreement on agricultural cooperation between Pakistan andChina shall be executed and implemented through the Ministry of NationalFood Security & Research of Pakistan and Ministry of Agricultural and RuralAffairs of China.”