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Extraction plant for oilseeds being set up near Rashakai SEZ

Daily Times
April 28, 2021
An oilseeds extraction plant near CPEC’s flagship Rashakai SEZ is being established with a hefty amount of Rs. 600 million. This will be on the background of rising demand for vegetable oils in China and concessions granted to Pakistani exporters under the China-Pakistan Free Trade Agreement-II.
A report published by Gwadar Pro on Tuesday says China has eliminated tariffs on 313 major export items from Pakistan under the upgraded FTA, which also includes various seed oils. The plant is being set up by Engineer Syed Mehmood. The first-of-its-kind facility in KP shows how big opportunities have been brought about by the China-driven investment to Pakistan’s smallest and second-most deprived province. The plant will be the second one of its nature in Pakistan, an official said. ....

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Pakistani livestock can tap over $8b Chinese bovine meat market

Daily Times
April 20, 2021
A report issued by Pakistan Business Council identifies various issues for redressal to enable Pakistani livestock traders to capture a significant portion of the $8.2 billion bovine meat market next door.
According to Gwadar Pro, the report, “Scaling up bovine meat exports of Pakistan”, presents a sectoral review of livestock trade and meat processing in Pakistan. It notes that China imported $8.2 billion worth of bovine meat in 2019, but Pakistan had no share in this huge market despite geographical proximity and concessions offered by the Chinese government.
The report states that Pakistan could not take advantage of the enormous Chinese markets as it lacked quality and phytosanitary standards. It also mentioned that the prevalence of foot and mouth disease (FMD) in animals was another barrier for Pakistan to venture into the Chinese beef market. ....

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Report identifies ways for Pakistan to tap over $8b Chinese bovine meat market--China Economic Net

ISLAMABAD, April 18 (Gwadar Pro)-A report issued by Pakistan Business Council on Saturday identifies various issues for redressal to enable Pakistani livestock traders to capture a significant portion of the $8.2 billion bovine meat market next door.

The report, “Scaling up bovine meat exports of Pakistan”, presents a sectoral review of livestock trade and meat processing in Pakistan. It notes that China imported $8.2 billion worth of bovine meat in 2019, but Pakistan had no share in this huge market despite geographical proximity and concessions offered by the Chinese government.

The report states that Pakistan could not take advantage of the enormous Chinese markets as it lacked quality and phytosanitary standards. It also mentioned that the prevalence of foot and mouth disease (FMD) in animals was another barrier for Pakistan to venture into the Chinese beef market. ....

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