BR100 Increased By (2.94%)
BR30 Increased By (3.47%)
KSE100 Increased By (2.69%)
KSE30 Increased By (2.84%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
Pakistan

UAE received first shipment of fresh meat from Pakistan

ISLAMABAD: First shipment of Pakistani fresh meat has successfully reached United Arab Emirates (UAE) on Monday.
Published November 27, 2017 Updated November 27, 2017 08:41am

ISLAMABAD: First shipment of Pakistani fresh meat has successfully reached United Arab Emirates (UAE) on Monday.

According to private TV news channel, the shipment was sent as per agreement signed between Pakistan’s Foodex and UAE’s General Trading Company. Pakistan’s Additional Commercial Secretary Kamran Khan was also present on the occasion.

Earlier, UAE and Pakistani businessmen had signed deals worth nearly $200 million (Dh734 million) during the Expo Pakistan 2017 which was held in Karachi on November 9-12.

The UAE-based company Al-Tayeb International General Trading and Foodex Pakistan had reached an agreement on the import of Pakistani meat during the Expo Pakistan 2017.

Pakistan is the fifth largest exporter of fresh meat and meat products to UAE with an average annual export of around $100 million.

Whereas, UAE's total imports of fresh meat, beef, mutton and lamb etc. is around $750 to 800 million. There is a huge potential for Pakistani meat in UAE market, said Kamran Khan, Commercial Secretary, Embassy of Pakistan, Abu Dhabi.

He said the demand is partly due to the presence of 1.5 million Pakistani diaspora in UAE, but mainly because of the halal characteristics and nutritional value of the Pakistani meat and meat products.

Commenting on the issues faced by meat exporters, he explained that majority of the fresh meat shipments are airlifted from Pakistan due to delays in sea shipments which raises the cost rendering Pakistani products less competitive in terms of price.

Khan said that the Embassy of Pakistan has taken up the matter with relevant authorities in Pakistan to introduce a specialised fast speed cargo vessel between Karachi and UAE to reduce transit time and cost.

This would not only help our meat exporters but would also enable exporters of fresh fruits and vegetables to ship perishable items through sea at a reduced cost.

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed for this article.