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Pakistan and China s $15-bn meat market

Pakistan and China’s $15-bn meat market May 8, 2021 With multiple challenges, Pakistan is edging closer to making its debut as a meat exporter country, with an eye firmly on China’s meat market which is worth around $15 billion annually. Recently, Pakistan company “Organic Meat Company Ltd” (TOMCL) received the official approval for registration with Chinese Custom Authorities to make a start to export heat treated beef meet to China. Along with new development, arduous efforts are on the way as special focus is likely to be furnished on how Pakistan can get status of international meat export country in upcoming Joint Cooperation Committee (JCC) meeting under CPEC framework on agriculture and Livestock. Further thrust is going to be made on full activation of China Pakistan Free Trade Agreement (CPFTA) phase II that incentivises Pakistan exports items including meat and Chinese’s assistance to vaccination & training to Pakistan exporters and Livestock growers.

No wheat crisis this year, NA panel told

No wheat crisis this year, NA panel told Commerce ministry officials say 0.3m tons of wheat will reach Pakistan in August ISLAMABAD: The National Assembly s Standing Committee on Commerce has been informed by the Ministry of National Food Security that there will be no wheat crisis in Pakistan this year. “A tender has been issued for 300,000 tonnes of wheat, which will reach Pakistan in August,” the commerce ministry officials said during the NA standing committee meeting, chaired by MNA Naveed Qamar on Thursday. The Ministry of National Food Security and Research briefed the meeting on import of wheat and its demand.

Govt decides to import 4m MT of wheat

Govt decides to import 4m MT of wheat NPMC says a whopping $1.2b will be required for the task Ministry of Commerce told the committee that TCP had imported 100,000 tons of wheat while Passco imported 460,000 tons. PHOTO: FILE ISLAMABAD: The government on Monday decided to import four million metric tons of wheat this year to meet the domestic consumption requirements and again “hard-pressed” the national data collecting agency to reconsider its inflation calculation methodology. Finance Minister Shaukat Tarin again asked the Pakistan Bureau of Statistics (PBS) to change its price methodology as he believed that the prices of essential commodities were over-reported, officials of the Ministry of Finance and PBS told The Express Tribune.

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