Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Pakistan set to lift ban on livestock exports

byCT Report
07/10/2024
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Food Ministry submits proposal to federal cabinet to revoke the 2009 decision as Gulf nations show strong interest in import of live sheep and goats

Pakistan is poised to lift the long-standing ban on the commercial export of sheep and goats, first imposed over a decade ago.

You might also like

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

23/06/2026

Govt committed to women’s empowerment: Talal Chaudhry

23/06/2026

The move comes in response to increasing demand from Gulf countries, including Saudi Arabia, Kuwait, and the United Arab Emirates (UAE).

The Ministry of National Food Security and Research (MNFSR) has finalised a proposal to revoke the 2009 decision and has submitted the summary for approval by the federal cabinet.

The Executive Committee of the Special Investment Facilitation Council (SIFC) has already reviewed and agreed to lift the ban on live animal exports.

The ban on live animal exports was initially introduced in 2009 by the Economic Coordination Committee (ECC) of the Cabinet due to concerns over smuggling, particularly across the Afghan border, which led to local shortages and price instability.

In July 2013, the ECC approved a complete ban on live animal exports to stabilize prices in the domestic market.

According to the latest summary, several domestic investors have begun establishing small- to medium-scale feedlot fattening farms, which are expected to produce a surplus of goats and sheep in the coming years.

The MNFSR has also reached out to Gulf nations for potential investment in these farms, and investors from Saudi Arabia, Kuwait, and the UAE have shown keen interest.

The summary points out that the agricultural sector is a vital contributor to Pakistan’s economy, accounting for 24% of gross domestic product (GDP). Livestock production represents 60.84% of the agricultural value added and 14.5% of the overall GDP in 2023-24.

It further notes that animal husbandry is a key economic activity for rural populations, with over 8 million families relying on livestock for 35-40% of their income.

Pakistan’s livestock inventory in 2023-24 consisted of 224.7 million heads, including 57.5 million cattle, 46.3 million buffaloes, 32.7 million sheep, 87 million goats, and 1.2 million camels.

The country produced approximately 70 million tonnes of milk and 3.447 million tonnes of meat, including 2.630 million tonnes of beef, 0.917 million tonnes of mutton, and 2.363 million tonnes of poultry meat.

Related Stories

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

byCT Report
23/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...

Govt committed to women’s empowerment: Talal Chaudhry

byCT Report
23/06/2026

ISLAMABAD: Minister of State for Interior Talal Chaudhry has said the Government of Pakistan remained firmly committed to women’s empowerment...

Pakistan receives 7th LNG cargo from Qatar amid regional energy concerns

byCT Report
23/06/2026

KARACHI: Pakistan received its seventh liquefied natural gas (LNG) cargo from Qatar on Monday as the government continues efforts to...

SBP cancels license of Time Exchange Company over regulatory violations

byCT Report
23/06/2026

KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization and license of Time Exchange Company (Pvt.) Limited with...

Next Post

Tajir dost scheme: Anomalies be fixed and stakeholders should be consulted, Usman Shaukat

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.