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Govt urged to develop fisheries sector on modern lines

Business Recorder • • 1 min read

Govt urged to develop fisheries sector on modern lines

Business Recorder reported that Mian Zahid Hussain, president of the Pakistan Businessmen and Intellectuals Forum (PBIF), wants the government to treat fisheries and aquaculture as an export-led blue economy rather than a traditional fishing activity. He listed conditions for that shift, including coordination between federal and provincial bodies, full tracking of vessels and catches, internationally recognised certification, modern harbours, sustainable fisheries management and affordable credit for private firms. Shifting from raw fish exports to processed, frozen, packaged and value-added seafood would widen current market access and open new global markets.

At a glance

  • Mian Zahid Hussain of PBIF urges a modern, export-oriented blue economy model for fisheries.
  • Seafood exports were $568 million last fiscal year, up 38 percent over two years.
  • Pakistan holds 0.29 percent of the $195 billion global seafood export market.

Originally reported by Business Recorder

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