Pakistan is all ready to enter China’s Meat Market. China’s meat market costs $12billion to $15billion. Pakistan has signed two agreements with China, as informed by the food minister on Wednesday.
The two nations inked 2 agreements on agricultural cooperation and foot and mouth disease—FMD free zone during a 3-days visit of the President of China to Pakistan.
Mehboob Sultan—the minister for National Food Security and Research said that the country would move from the second stage to the third one towards controlling and eradicating the FMD by developing FMD free zones in Pakistan.
He told media that this would also open big markets both of China and Indonesia for the meat of Pakistan.
The annual meat requirement of China is worth $12billion to $15billion. Presently, the meat from Pakistan is being exported to the Gulf nations, Malaysia and Vietnam.
The food minister further mentioned that the government is focusing on expanding the meat market of Pakistan and this 5-year deal with China would help in acquiring the desired outputs not just in the meat market but also in the agricultural sectors and would prove beneficial for both the countries.
The objective of the agreement between Pakistan and China is the formation of an FMD free zone where vaccination would be practised.
China is the 4th biggest export market of Pakistan.
The agriculture industry is a significant industry in China, having more than 300million farmers. Worldwide China produces 20percent of the world’s population. The government of Pakistan is also anticipating to get a chance to cooperate with China in the field of agriculture at the platform given by the Shanghai Cooperation Organisation.