NewzShewz
No Result
View All Result
Sunday, July 6, 2025
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Trade

Pakistan may allow export of goats to Kuwait

by AMG
February 19, 2025
in Trade
0
Pakistan may allow export of goats to Kuwait
33
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: The government is likely to allow export of goats to Kuwait by relaxing restrictions aimed at enhancing exports which will increase prices of mutton in local market, besides impacting export of value-added products.

Sharing details with Newzshewz, sources said that the Economic Coordination Committee of the Cabinet (ECC) decided to ban commercial export of live animals in its meeting held on July 30, 2013 which was ratified by the federal cabinet.

There is a significant demand for sheep / goats by Al-Mawashi, a prominent livestock importer in Kuwait. The fulfilment of this demand may further strengthen trade relations of Pakistan and Kuwait beside attracting the foreign, introduction of state of art feedlot systems and creating significant employment opportunities, therefore the Special Investment Facilitation Council (SIFC) considered the offer of Al Mawashi of switching over in import of live sheep/goats from Australia to Pakistan in its 10th Executive Committee meeting held on June 26, 2024 and reconsidered in its 12th meeting held on January 22, 2025 and recommended the Ministry of National Food Security & Research to consider and submit a summary for lifting the existing ban on the export of live sheep / goats to Kuwait.

Keeping in view the expected magnitude of foreign investment by Al- Mawashi while enhancing the trade relations with Kuwait and encouraging farmers to rear sheep and goats on a commercial scale, this ministry reviewed the population statistics of sheep/goats in Pakistan and the current volume of meat export and proposes to exempt ban on the export of up to -100,000- heads of fattened male sheep and goats in a calendar year subject to review the annual quota every year and the fulfillment of following conditions:

(i) the sheep/ goats meant for export must originate from the fattening farms having not less than -100- heads of males of sheep or goats (verified by the provinces, where such farms are located)

(ii) the male sheep/goats at the time of export must not be less than one and a half years old, meaning sheep/goats must have two incisors teeth and weigh not less than 50 kg.
The Ministry of Commerce, being the dealing ministry with export and trade of animals, has been consulted and solicited views/comments. M/o Commerce is of the view that allowing export of live animals/ livestock may adversely affect the export of value-added meat and meat products.

According to the Commerce Ministry while the export of livestock, particularly goats and sheep, may increase foreign exchange earnings, however, the following comments from Ministry of Commerce may also be considered before deciding the case:

Ministry of Commerce is of the view that it has been pursuing the policy of encouraging export of value- added products including meat from Pakistan in order to fetch foreign exchange. This in view, Pakistan has been able to standardize slaughter houses and Pakistan’s exports of meat products increased to US$ 507 Million and finished leather products US$ 631 Million during the year 2023-24.

Therefore, allowing export of live animals/livestock may adversely affect the export of these value added export sectors. It is apprehended that if permission is granted, Pakistan may be foregoing foreign exchange of value-added products by exporting merely live animals. It is important to consider that exporting live animals may generate less revenue in foreign exchange as compared to exporting processed meat products, which involves value addition and can command higher prices in the international market.

MNFSR has been requested to assess the impact of export of live animals on prices of meat, availability of livestock to slaughter houses, exports of value added meat and value- added leather products and industry of Pakistan.

According to the MNFS&R report for 2022-23, the per capita meat availability in the country was 22.79 kg per annum, slightly below the required 23-24 kg. Additionally, with food inflation at 20% in the third quarter of 2023-24, exporting livestock could further escalate domestic meat prices.

Tags: Goatskuwait

Related Posts

Washington Mantra for 29 per cent tariff on Pakistani products
Trade

Washington, Islamabad agree to finalize new trade deal next week

by AMG
June 25, 2025
0

ISLAMABAD: Pakistan and United States of America (USA) are likely to finalize new trade deal, as successful talks were held...

Read more
Deputy Collector accuses Customs Enforcement of overreach in Donkey Hide export case
Trade

Deputy Collector accuses Customs Enforcement of overreach in Donkey Hide export case

by AMG
May 25, 2025
0

ISLAMABAD: An internal rift has surfaced within the Federal Board of Revenue (FBR), involving the Export Collectorate and the Customs...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

June 12, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

December 8, 2024
Refineries seek FM intervention for removal of GST exemption on petroleum products

 ECC Likely to approve Rs 4.12/litre fuel price hike to support refineries, OMCs

May 14, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
Preparations underway for PM’s  China key visit

Preparations underway for PM’s  China key visit

July 6, 2025
CPPA-G delays  compels EPQL to seek PD’s support for Badar-1 SA

CPPA-G delays  compels EPQL to seek PD’s support for Badar-1 SA

July 6, 2025
Islamabad Riyadh ready discuss road map for  electrical interconnection

With Saudi pressure mounting, Dar takes driving seat on KE issues

July 5, 2025
Sindh rejects Islamabad’s move to scrap ED

Sindh rejects Islamabad’s move to scrap ED

July 4, 2025
  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms and Conditions
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.