Investors of halal meat will get four years tax exemption: Kamran Michael

Islamabad, June 09, 2015 (PPI-OT): Federal Minister for Ports and Shipping Senator Kamran Michael has stated that the Government is encouraging the investors and Exporters for “ Halal Meat Industry as there is huge demand of Halal meat in International Market. Michael has said that Government has exempted the investor and industrialist from all kind of import and export taxes.

Federal Minister has remarked that Exporters who may get clearance from export bureau and launch their Halal meat Industry till 2016, they will be exempted from taxes for next four years. Michael has said that Central Asian States are earning 3 trillion dollars only through Halal meat Sector while Pakistan earns least from this sector but present Government is the first one to pay heed towards this.

Federal Minister has stated that the lives of local fishermen will be changed with the commercial exports of fish from Gwadar port. Michael remarked that for the first time, Baloch anglers would be benefitted directly through this export. Kamran Michael has said that the foreign exchange reserves have started increasing with export of deep sea water fish. Michael said that Government is taking special steps for expanding the export of fish at maximum level.

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