Wednesday, July 17, 2013

Seafood industry goes T20!

http://pakobserver.net/detailnews.asp?id=177714

Friday, October 12, 2012 - Much like the T20, Pakistan is also losing wicket on the seafood export market with drop in export earnings by 21 per cent in value and more than 20 percent in volume. Pakistan has already lost three major buyers,viz Japan, USA and EU, of its fishery products and doesn’t have many more stable and potential export markets left out to survive the industry which has already gone non-viable and in shambles.

With depleting wild fishery stocks there is least effort made either by the entrepreneurs or the government to embark on aggressive shrimp and fish farming. Whatever freshwater fish is being farmed is not even enough to satisfy the domestic demand lest save it for regular export.

It’s high time that the authorities woke up and addressed to the long unattended problems of the seafood industry to bring it in line with India or Bangladesh. Pakistani seafood is imported by existing importing origins only as a filler when their factories or stocks run dry due to failure of input from India or Bangladesh.

Moreover, Pakistani seafood is not getting the same price for their products as these countries who sell their products at high premium. Our seafood industry can only be expected to survive if serious attention is paid to its problems and immediate necessary steps taken to reform it.

Mazhar butt, Karachi

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