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LAHORE, Nov 09 (APP): Convener of the FPCCI Regional Committee on Food Shahid Imran has stressed the need for Pakistan’s corporate sector to fully capitalize on the global halal food market, which is currently valued at $2 trillion and projected to reach $3 trillion in the next five years.
Speaking to a delegation of halal food exporters, led by Shabir Ahmad from Mardan, on Sunday, Imran highlighted the vast opportunities for collaboration between Pakistan and Malaysia. Malaysia, with its well-established and value-added halal food industry, along with its extensive multinational networks, can play a crucial role in helping Pakistan integrate more effectively into the global halal supply chain.
Imran pointed out that while traditional halal food exports, such as meat, poultry, seafood, fruits, vegetables, dairy products, grains, oils, fats, waxes, and confectionery, are already competitive, the real potential lies in developing value-added products. He emphasized that Pakistan could boost its export profile by offering more processed and packaged halal food products to international markets.
Furthermore, he noted the strategic importance of the Pakistan-Malaysia Free Trade Agreement (FTA) in enhancing bilateral trade relations. He urged Pakistan to position itself as a partner and catalyst in driving sustainability and mutual prosperity in the halal food sector.
Imran also underscored Malaysia’s potential to help Pakistan tap into broader economic and trade opportunities within the ASEAN regional bloc.
Through greater cooperation with Malaysia, Pakistan could not only expand its halal food exports but also leverage the ASEAN region’s growing demand for halal products, paving the way for long-term growth and success in the global halal market.