Pakistan can become leader in the global Halal trade: LCCI

Lahore, December 15, 2017 (PPI-OT):Livestock is an integral part of agriculture sector of Pakistan and have the potential to get huge share in the international Halal trade of over $ 300 billion. Government should formulate favourable policies for livestock which have 55.9 percent and 11.8 percent share in agriculture and GDP respectively.

These views were exchanged between the LCCI President Malik Tahir Javaid, who was heading a delegation to the Punjab Agriculture and Meat Company’s (PAMCO) sate-of-the art slaughterhouse, and PAMCO Chairman Mumtaz Khan Manais. The LCCI Senior Vice President Khawaja Khawar Rashid, Vice President Zeeshan Khalil, former Presidents Mian Shafqat Ali, Muhammad Ali Mian, former Senior Vice President Mian Nauman Kabir, Mian Muhammad Nawaz, Aurangzeb Aslam, Khaliq Arshad, Bao Muhammad Bashir, Zafar Iqbal, Khamis Saeed Butt and Nadeem Qureshi also spoke on the occasion.

Chairman PAMCO gave detailed briefing to the LCCI delegation about PAMCO’s efforts and sought its help for promotion of Halal exports. He said that PAMCO has engaged itself to enhance quality production, processing, value addition, marketing and supply chain of meat, livestock, agriculture products and by-products for local and export markets.

He said that company is providing trainings and technical backstopping at all stages of the integrated meat and agriculture value chains. He informed the LCCI delegation that 6000 small and 600 big animals are being slaughtered daily at the PAMCO’s slaughterhouse while meat is being processed hygienically by latest technology and modern machinery.

The LCCI President Malik Tahir Javaid lauded the performance and efforts of PAMCO for boosting the livestock sector of Pakistan and assured his full support the company saying that the LCCI is ready to hold seminars and workshop in collaboration with PAMCO. He said that despite various challenges, livestock sector is already actively contributing to the national economy. He said that livestock is the biggest economic activity in rural areas and major source of women empowerment. He said that livestock sector is producing its own energy by biogas.

He said that government should join head with private sector to secure huge share in international Hala trade. He said that demand of meat in the world will double in the next two decades and Pakistan has all resources to become a global leader in this particular sector. He said that Halal Food has become billions dollar global economy today, wherein Pakistan’s share is still insignificant. It is high time for Pakistan’s economy to get a boost not by getting aids from foreign countries but by exploiting the untapped potential of Halal Foods that has created a brand new Global Halal Economy in the world.

He said that Halal global economy includes all type of Food and Non- Food products ranging from food and food ingredients, all types of beverages, cosmetics and beauty products, and a host of services including banking and takaful etc. The ‘Halal Label’ is recognized in the world as a symbol of “Good Quality Product”; therefore, non-Muslims are also buying products bearing the Halal Logo.

The LCCI President said that today a much bigger share of Halal business is in the hands of non-Muslims and they are utilizing the Halal brand to their economic benefit. Pakistan being an Islamic country has to understand the importance of Halal Certification to get the Halal Branding, as this would boost our exports and help us transform the face of Pakistan’s economy.

“The total worth of global Halal trade is well over dollar 300 billion. If Pakistan is able to attain only 10% share of this trade then we can expand our exports easily by dollar 30 billion. It is high time that all the public and private sectors organizations should work hand in hand to materialize this objective”, the LCCI president added.

For more information, contact:
Information Department
Lahore Chamber of Commerce and Industry (LCCI)
Lahore -54000, Pakistan
Tel: +92-42-111-222-499
Fax: +92-42-36368854

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