Clearance of seafood to EU lauded

KARACHI: Zubair Ahmed Malik, President, Federation of Pakistan Chambers of Commerce and Industry FPCCI, has expressed pleasure on the clearance of the first export consignment of Pakistani seafood to European Union after a lapse of six years, which is a positive sign for export of shrimp and fish products from Pakistan.

The EU had re-allowed fisheries exports from Pakistan in February 2013, and two fisheries companies had received clearance from the 27member bloc for their consignments. At the time of the suspension of fisheries exports in 2007, Pakistan was exporting $50 million worth of seafood products to the EU, which constituted 26% of our global seafood trade. With the imposition of the ban, Pakistan’s seafood exports had suffered considerably. Exports of seafood stood at $317 million in 201213.

Malik said that he expected that the removal of the ban would have a significant impact on Pakistan’s exports of seafood to the European Union, and other premium markets. He congratulated the two companies which had received clearance from EU for their consignments and hoped that other seafood suppliers would also receive clearance for their produce in the imminent future.