{"id":9173,"date":"2021-04-20T10:08:37","date_gmt":"2021-04-20T10:08:37","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=9173"},"modified":"2021-04-20T10:08:37","modified_gmt":"2021-04-20T10:08:37","slug":"pakistani-livestock-could-tap-over-8b-chinese-bovine-meat-market","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2021\/04\/20\/pakistani-livestock-could-tap-over-8b-chinese-bovine-meat-market\/","title":{"rendered":"Pakistani livestock could tap over $8b Chinese bovine meat market"},"content":{"rendered":"
\n

A recent report issued by Pakistan Business Council identifies various issues for redressal to enable Pakistani livestock traders to capture a significant portion of the $8.2 billion bovine meat market next door.<\/p>\n

According to Gwadar Pro, the report, \u201cScaling up bovine meat exports of Pakistan\u201d, presents a sectoral review of livestock trade and meat processing in Pakistan.<\/p>\n

\"livestock-Pakistani-livestock-could-tap-over-$8b-Chinese-bovine-meat-market-rapidnews\"<\/p>\n

It notes that China imported $8.2 billion worth of bovine meat in 2019, but Pakistan had no share in this huge market despite geographical proximity and concessions offered by the Chinese government.<\/p>\n

The report states that Pakistan could not take advantage of the enormous Chinese markets as it lacked quality and phytosanitary standards.<\/p>\n

It also mentioned that the prevalence of foot and mouth disease (FMD) in animals was another barrier for Pakistan to venture into the Chinese beef market.<\/p>\n

Interestingly, only a couple of weeks ago, China granted a license to the first ever-Pakistani company to export heat-processed meat into China.<\/p>\n

The Organic Meat Company, a Karachi-based firm, obtained the license after it had the latest plant to eliminate the FMD virus in meat via heat. The facility was also installed by Chinese experts.<\/p>\n

The report states that the Pakistani government is, however, undertaking a vaccination programme and making an animal quarantine zone in the desert of Cholistan to address the FMD issue.<\/p>\n

This way, Pakistan is expected to move from the World Organization for Animal Health (OIE)\u2019s Stage-2 category for countries (in which FMD is reduced to target areas) to Stage-3.<\/p>\n

In the third stage, the FMD virus is curtailed via an organized national Official Control Program.<\/p>\n

\u201cOnce Pakistan achieves the Stage-3 status, the opportunity to export beef to larger markets like China will open up\u201d, the report states.<\/p>\n

Access to the Chinese market will provide Pakistan with a good opportunity to enter a large market in future.<\/p>\n

China has granted Pakistan duty-free access to bovine meat under China-Pakistan Free Trade Agreement\u2013II (CPFTA-II) in 5 of the 6 categories, the report stated.<\/p>\n

China applies a 13% Value-Added Tax on imports of beef products.<\/p>\n

For WTO member countries, the most-favoured nation duty rates range from 25% for frozen carcasses to 12% for most beef products and offal.<\/p>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A recent report issued by Pakistan Business Council identifies various issues for redressal to enable<\/p>\n","protected":false},"author":1,"featured_media":9175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-9173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nPakistani livestock could tap over $8b Chinese bovine meat market<\/title>\n<meta name=\"description\" content=\"A recent report issued by Pakistan Business Council identifies various issues for redressal to enable Pakistani livestock traders to capture\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2021\/04\/20\/pakistani-livestock-could-tap-over-8b-chinese-bovine-meat-market\/\" 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