Politics

US allows Pakistan seafood exports for four years

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Pakistan’s seafood industry has received a significant boost as the United States granted a four-year approval for fish exports, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry announced.

Chaudhry said the license is global recognition of Pakistan’s seafood quality standards, proving that the country’s fisheries meet strict U.S. benchmarks.

He added that this approval will ensure continuity in exports to one of the world’s most valuable markets.

Sharing figures, the minister noted that Pakistan exported 242,000 tons of fish last year, generating $489 million in foreign exchange.

With U.S. access secured for the next four years, seafood exports are expected to increase, with projections reaching $600 million in the coming year.

He emphasized that U.S. approval will bring stability to the export sector, strengthen Pakistan’s global credibility, and open up fresh opportunities for the fishing community.

“This is a proud achievement for Pakistan, as our fisheries have demonstrated the ability to meet international quality requirements,” Chaudhry stated.

Meanwhile, Federal Finance Minister Muhammad Aurangzeb recently hinted at major U.S. investments in multiple sectors of Pakistan following successful trade talks.

In an informal discussion upon his return from the United States, Muhammad Aurangzeb said that the country will soon receive encouraging news of substantial investments across various sectors from the US.

He stated that during his visit, Pakistan achieved significant success in key meetings held as part of trade negotiations, which were highly appreciated by the US administration.

The minister described the trade talks with the US as a major success for the country, noting that Pakistan is moving in the right direction and the results will be visible soon.

Muhammad Aurangzeb underlined the need for making decisions that will bring long-term improvements to the economy and expressed satisfaction over the mutually successful outcome of the negotiations.



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