AIRLINK 193.77 Decreased By ▼ -6.98 (-3.48%)
BOP 9.87 Decreased By ▼ -0.34 (-3.33%)
CNERGY 7.57 Decreased By ▼ -0.14 (-1.82%)
FCCL 39.41 Decreased By ▼ -0.65 (-1.62%)
FFL 16.29 Decreased By ▼ -0.52 (-3.09%)
FLYNG 25.84 Decreased By ▼ -0.81 (-3.04%)
HUBC 129.86 Decreased By ▼ -2.74 (-2.07%)
HUMNL 13.83 Decreased By ▼ -0.09 (-0.65%)
KEL 4.53 Decreased By ▼ -0.12 (-2.58%)
KOSM 6.47 Decreased By ▼ -0.12 (-1.82%)
MLCF 45.57 Decreased By ▼ -1.17 (-2.5%)
OGDC 209.11 Decreased By ▼ -3.32 (-1.56%)
PACE 6.72 Decreased By ▼ -0.18 (-2.61%)
PAEL 41.85 Increased By ▲ 0.57 (1.38%)
PIAHCLA 17.13 Increased By ▲ 0.13 (0.76%)
PIBTL 7.90 Decreased By ▼ -0.21 (-2.59%)
POWER 9.36 Decreased By ▼ -0.06 (-0.64%)
PPL 177.92 Decreased By ▼ -3.54 (-1.95%)
PRL 39.01 Decreased By ▼ -2.77 (-6.63%)
PTC 25.53 Increased By ▲ 0.83 (3.36%)
SEARL 106.73 Decreased By ▼ -5.11 (-4.57%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.53 Decreased By ▼ -4.39 (-10%)
SYM 19.45 Increased By ▲ 0.47 (2.48%)
TELE 8.64 Decreased By ▼ -0.23 (-2.59%)
TPLP 12.53 Decreased By ▼ -0.39 (-3.02%)
TRG 65.34 Decreased By ▼ -2.13 (-3.16%)
WAVESAPP 11.15 Decreased By ▼ -0.27 (-2.36%)
WTL 1.73 Decreased By ▼ -0.06 (-3.35%)
YOUW 3.94 Decreased By ▼ -0.05 (-1.25%)
BR100 12,030 Decreased By -140.3 (-1.15%)
BR30 35,812 Decreased By -776.7 (-2.12%)
KSE100 113,520 Decreased By -1360.2 (-1.18%)
KSE30 35,651 Decreased By -473.7 (-1.31%)

Pakistan is to target high-end export markets like the European Union (EU) for honey exports. This was conveyed by the Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood at a meeting with a delegation from the honey producers and exporters.
Pakistan is home to some of the most diverse flora and fauna and produces 20 types of honey due to its varied ecological and climatic conditions. Pakistan's exports were $ 6.9 Million in 2018 and its major export destinations were Saudi Arabia (70.6 %), United Arab Emirates (15.1%) and Kuwait (6.3%). However, our honey exports are far below than the real potential especially to the high end markets.
The Advisor to PM underlined that the current government is focusing on the diversification of export products through policy intervention by providing technical and financial support. He further highlighted that in order to explore the untapped honey potential of the country Pakistan needs to acquaint the concerned stakeholders and business community of the honey producing regions like Abbottabad with the modern production techniques, encouragement, awareness of the private sector and the most important entrepreneurial growth and cluster development.
For this, there is a need to train our stakeholders so that can comply with requisite standards and SPS requirements of high-end markets including EU which will increase our honey export manifold. He also emphasized that Ministry of Commerce (MoC) would constitute a product (honey) specific working group comprising of all the stakeholders including, honey producers, exporters, marketing experts and researchers to devise a strategy in order to overcome the bottlenecks and to develop production & marketing techniques that will help boosting the country's honey export. MoC will also provide technical and financial assistance to honey exporters in local and international markets in order to target high end markets like EU. Further, it will help in developing linkages with local business community, beekeepers and other stakeholders to evaluate the trade potential of this viable sector.
MoC has formulated Geographical Indication (GI) Law and E-Commerce Policy which will help SMEs to enhance their exports through registration of the local honey verities in international and online sales, Advisor to PM added.-PR

Copyright Business Recorder, 2019

Comments

Comments are closed.