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The Senate Standing Committee on Commerce was briefed on the finalization of protocols for exporting donkey skins and meat to China.
Ahsan Ali Mangi, the additional secretary of the ministry, presented this information to the committee, which was chaired by Senator Anusha Rahman.
The committee also received updates on the attached departments of the commerce division and their performance review.
Mangi noted that in addition to the donkey skin and meat export protocols, the ministry has also finalized protocols for exporting onions, potatoes, and chilies to China.
However, Senator Rahman raised a concern about exporting onions, given that Pakistan produces only one-fifth of its domestic onion demand.
The ministry also proposed the establishment of nine new diplomatic missions in countries such as Malaysia, Iraq, Oman, Tanzania, Kenya, and Mozambique.
Moreover, the committee was informed about the finalization of the Transit Trade Agreement with Central Asian countries, particularly Uzbekistan, Tajikistan, and Kazakhstan.
This agreement will enable Pakistani trucks to transport goods worth $2.2-3 million monthly to these countries, with expectations of a rapid increase in trade.
This development marks a significant step in enhancing Pakistan’s trade relations with China and Central Asia. The finalized protocols for exporting donkey skins and meat, as well as vegetables like onions, potatoes, and chilies, to China are expected to boost the country’s export sector. Despite concerns about domestic onion production, the ministry remains optimistic about the potential benefits of these export agreements.
Additionally, the proposal to open nine new diplomatic missions reflects Pakistan’s commitment to strengthening its international presence and fostering diplomatic relations with key countries. This move is expected to facilitate smoother trade negotiations and enhance bilateral ties.
The finalized Transit Trade Agreement with Central Asian countries is particularly noteworthy, as it opens new avenues for Pakistani exports, potentially increasing trade volumes and economic growth. By facilitating the transportation of goods worth millions of dollars each month, this agreement is set to significantly impact Pakistan’s trade landscape.