ISLAMABAD: Draft for Pakistan Halal Food Authority (PHFA) prepared by the Ministry of Science and Technology (MoST) in consultation with Ministry of Commerce and other relevant organisations would be presented to the parliament very soon for approval.
Federal Minister for Commerce Khurram Dastgir Khan in a statement on Wednesday said formation of authority would greatly resolve the issue of certification of Pakistani halal food and it would provide a new impetus to Pakistan’s Halal sector which has great potential to enhance exports to the Muslim countries especially Middle East.
Meeting with Pakistan’s Ambassador-designate to Australia Ms Naila Chohan he said Pakistan wanted Australian companies to invest in the Halal food sector of Pakistan and use their expertise to bring latest technology and value-addition.
He directed the newly appointed ambassador to establish close liaison with the Pakistani community settled in Australia and seek proposals to enhance Pakistan-Australia trade which would be incorporated in the final strategy adopted by the Ministry of Commerce to augment Pakistan’s trade with Australia.
He asked her to compile a report by closely studying the marketing and trading models followed by other countries competing with Pakistan in Australia and make proposals on the basis of its findings.
Minister said efforts should be made to meet Australian Chambers of Commerce, government officials and their Parliamentary Committee on Commerce to strengthen the case of Pakistan’s trade with Australia. Ms Chohan said twelve Australian companies would participate in the Expo Pakistan 2014 in Karachi in October, which would enhance the probability of their investment in Pakistan.
She apprised him about the meeting of upcoming Pakistan-Australia Joint Trade Commission on September 18 in Australia and said this would provide a great boost to bilateral trade. Chohan said she would hold meetings with Pakistani chambers of commerce and provincial boards of investment to understand their views and help project Pakistan’s case of trade and investment in Australia.
There is seventy thousand strong Pakistanis in Australia, which are well educated and financially strong besides socially vibrant. This community can be actively engaged in enhancing Pakistan’s economic interests in Australia, she added.
SINGAPORE – Oil prices extended their decline in Asia on Friday after the OPEC cartel ...