Pakistan export industry

Pakistan Approves Donkey Meat Exports to China
Business

Pakistan Approves Donkey Meat Exports to China

Donkey meat exports have resumed after authorities fast-tracked approvals in response to mounting pressure from a Chinese-linked company operating in Gwadar. The decision followed warnings of a potential shutdown due to prolonged regulatory delays, highlighting challenges in managing foreign investment projects. Officials confirmed that the approval came after intervention at the highest level, with the matter escalated to the Prime Minister’s Office. The move aims to stabilize operations and prevent disruption in a niche but economically valuable export sector. Gwadar-Based Firm Triggers Urgent Action The issue emerged when Hangeng Trade Company raised concerns over delays in export clearances. The company operates a slaughterhouse in Gwadar under China-linked investment frameworks. Company officials warned that continued bureaucratic hurdles posed a serious operational risk. They stated that despite meeting export requirements, shipments remained stalled for months. In a public notice, the firm cited “non-market factors” and administrative delays as key obstacles. The situation escalated when the company cautioned it might shut down operations in Pakistan. This warning raised concerns about job losses and investor confidence, prompting immediate government attention. Government Fast-Tracks Export Approval Following the escalation, authorities moved quickly to resolve the issue. Government officials said advisers intervened and pushed the case to the Prime Minister’s Office for urgent review. Within days, Pakistan’s federal cabinet approved the export of donkey meat and hides. The Animal Quarantine Department subsequently issued the required permits, allowing shipments to resume. Officials described the move as necessary to maintain investor trust and prevent disruption in trade flows linked to China. A Niche but High-Value Trade Sector Industry estimates indicate that Pakistan exports approximately 216,000 donkeys annually, primarily to China. The trade supports a market valued at around $300 million each year. In China, donkey-derived products are widely used in traditional medicine and cosmetics. These include blood tonics and skincare items, which sustain demand for imports from countries like Pakistan. Despite its relatively low profile, the sector contributes to export earnings and rural economic activity. It also forms part of broader trade ties between Pakistan and China. Company Expresses Concern Over Policy Gaps In a parallel statement, Hangeng Trade Company expressed regret over the disruptions caused by the delays. The company cited “policy execution gaps and institutional uncertainties” as key challenges affecting its operations. It also apologized to employees and warned that it could not guarantee stable employment if such issues persist. The statement reflected growing concerns among foreign investors regarding regulatory consistency in Pakistan. Regulatory Bottlenecks Raise Broader Questions The episode highlights ongoing friction between investment facilitation and bureaucratic processes. In strategic zones like Gwadar, delays in approvals can quickly escalate into larger economic and diplomatic concerns. Experts say the incident underscores the need for streamlined policies and improved coordination among regulatory bodies. Efficient governance remains critical to sustaining foreign investment, especially in projects linked to China. Exports Resume but Concerns Persist For now, Pakistan donkey meat exports to China have resumed, easing immediate pressure on the Gwadar-based firm. However, the controversy has left behind important questions about regulatory efficiency and investment certainty. Analysts believe that while the quick resolution demonstrates responsiveness, long-term reforms are essential to prevent similar situations. As Pakistan seeks to attract more foreign investment, ensuring a predictable business environment will remain a key priority.

Pakistan GSP+ Status: KATI Warns Lobbying Against Trade Facility Threatens Economy and Jobs
Pakistan

Pakistan GSP+ Status: KATI Warns Lobbying Against Trade Facility Threatens Economy and Jobs

The debate around Pakistan GSP+ Status has intensified after strong remarks from the President of the Korangi Association of Trade and Industry, Muhammad Ikram Rajput, who warned that lobbying against the country’s preferential trade facility is equivalent to an attack on the national economy. Read More: https://theboardroompk.com/pakistan-finalises-app-based-fuel-quota-for-motorcycles-and-rickshaws/ Speaking in Karachi, Rajput criticized attempts to influence international stakeholders to revoke Pakistan’s trade benefits, calling such actions “irresponsible and harmful” at a time when the country is still recovering economically. He emphasized that the Pakistan GSP+ Status granted by the European Union is crucial for maintaining export momentum, industrial growth, and employment stability. Why Pakistan GSP+ Status Matters for Exports Rajput described the Pakistan GSP+ Status as the backbone of the country’s export sector. The facility allows Pakistan to export a wide range of goods to European markets at reduced or zero tariffs, making Pakistani products more competitive globally. He stressed that the textile sector the country’s largest export industry is particularly dependent on this trade advantage. Millions of workers in manufacturing, logistics, and related services rely on consistent export demand fueled by preferential access to European markets. According to Rajput, any disruption to the Pakistan GSP+ Status would weaken export performance, reduce foreign exchange earnings, and negatively impact industrial activity. Political Lobbying Could Risk Millions of Jobs The KATI president warned that using political motives to target Pakistan’s economic interests could endanger livelihoods across the country. He stated that millions of jobs are directly and indirectly tied to export industries benefiting from the Pakistan GSP+ Status. He added that encouraging external actors to impose economic pressure or withdraw trade concessions undermines Pakistan’s credibility internationally and sends negative signals to investors. “Political differences should never translate into economic harm,” Rajput said, stressing that the business community considers such lobbying efforts as economic sabotage. Business Community Calls for Protection of Pakistan GSP+ Status Rajput made it clear that exporters and industrialists across Pakistan would strongly resist any move that threatens the Pakistan GSP+ Status. He described the trade facility as an economic lifeline and urged stakeholders to avoid actions that could damage national interests. He further emphasized that internationalizing domestic disputes at the cost of economic stability is a dangerous trend. According to him, Pakistan’s industrial base and workforce depend heavily on continued access to European markets. The KATI leadership also called on policymakers to take proactive steps to safeguard the country’s trade advantages and maintain investor confidence. Government Urged to Defend Trade Interests Highlighting the urgency of the situation, Rajput urged the government to actively defend the Pakistan GSP+ Status at all diplomatic and economic forums. He warned that any move to revoke the facility would have long-term consequences for Pakistan’s exports, employment, and industrial growth. He termed such lobbying attempts as crossing a “red line,” stating that the business community will not tolerate actions that jeopardize Pakistan’s economic future. Economic Stability Linked to Pakistan GSP+ Status With global economic uncertainty and geopolitical tensions already affecting trade flows, Rajput stressed that Pakistan cannot afford additional challenges. He reiterated that maintaining the Pakistan GSP+ Status is essential for sustaining export growth, strengthening foreign exchange reserves, and supporting economic recovery. The message from the business community is clear: safeguarding trade concessions is not just about exports it is about protecting jobs, industries, and Pakistan’s overall economic stability.

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