GIEI Ranking | 8 | ||||||
Halal Ranking | 23rd in Global Muslim Travel Index (GMTI 2015)/Crescentrating. Ranks 18 in the world for Halal Meat exports (Trade development authority of Pakistan, 2013) | ||||||
Major Industries |
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Halal-related agencies Intro | Halal Development Council HDC is a registered NGO dedicated to the development of Halal Economy in Pakistan. HDC’s Mission is to provide platforms for Halal Awareness, Research, Standards, Certification, Branding, Marketing, Trade Development, Updates, Investment promotion and Halal Industry development with the objective to promote Pakistan as the Regional Halal Hub and to introduce ‘Halal Pakistan’ brand label in the world as the guarantee for ‘Good Quality’ product. (HalalPakistan.com, 2015) | ||||||
Halal compliance guidelines Intro | The aim of the HDC is to create awareness in exporters regarding the “Power of Halal” brand, conduct Halal Compliance Training Workshops for Pakistani companies as per International Halal Standards, and to organize Halal Branding Workshops to educate exporters regarding Halal branding, packaging and presentation techniques to add value to their exports. | ||||||
Halal-related trade and trading | The Pakistan Halal Authority Bill - aims to develop and implement policies and programmes for the promotion of both international and domestic trade in halal products permissible by the laws of Islam. |
OIC member | Yes |
Other regional/global memberships | WTO, United Nations, SAARC |
Investment and Export Promotion Agencies Intro | The Board of Investment (BOI) was established with broad based responsibilities of promotion of investment in all sectors of economy; facilitation of local and foreign investors for speedy materialization of their projects and to enhance Pakistan's international competitiveness and contribute to economic and social development. The BOI assists companies and investors who intend to invest in Pakistan as well as facilitates the implementation and operation of their projects. The wide range of services provided by BOI includes providing information on the opportunities for investment and facilitating companies that are looking for joint venture. Trading Corporation of Pakistan (TCP) is the principal trading arm of the Government of Pakistan. Established as a premier international trading house in 1967, the Corporation has gradually moved from barter, through commodity exchange to cash trade. Acting on the directives of the Federal Government, amongst other things, TCP undertakes import of essential commodities to help ensure their availability to the common man at affordable prices. | ||||||||||||
Investment and Export Promotion Agencies Names | Industrial Development Bank Of Pakistan | ||||||||||||
Trade Agreement |
Source: www.commerce.gov.pk | ||||||||||||
Company ownership limits (foreign and local) | Foreign and domestic investors are free to establish and own businesses in all sectors except five: arms and munitions manufacturing, high explosives manufacturing, currency/mint operations, non-industrial alcohol manufacturing, and radioactive substance manufacturing. In retail food sales, the GOP has influenced pricing of essential foodstuffs (such as flour, rice, and lentils) through its several hundred Utility Stores. Market leaders in the cement and sugar industries are alleged to have formed cartels. Investment in the energy sector, particularly conventional gas, is stymied by a policy that underprices resources and fails to safeguard contracts, and by an evolving relationship between and among the federal and provincial governments, whose views on the disposition of natural resources do not always match. The 2012 Petroleum Policy, adopted in August 2012, increased the wellhead price for natural gas to $6 per million British thermal units (mmbtu), as part of an effort to increase exploration and attract new investors to this sector (Source: U.S. Department of State-Investment Climate-Pakistan) |