Pakistan’s fishing industry holds an export potential worth $4 billion if it follows the proper procedure that India has adopted, according to an expert.
In an interview with DawnNewsTv show ‘All Things Money’, Al-Karam Investments Director Faraz Zafar said that Pakistani fish farmers could produce a “dollarised output” if a proper ecosystem was developed for them, emphasising that the fishing industry had the potential to reach $4 billion if the proper procedure was followed.
Zafar pointed out that despite the volume of the country’s fishing industry, fish farmers were unable to export as much as other countries in the region — such as India and Sri Lanka — in the absence of proper guidelines.
“We export quite a bit of seafood in terms of volume,........