Pakistan considers dairy reforms to target $2 billion in exports by 2035

Summary

• LAHORE: Pakistan is considering liberalising its dairy market and removing milk from the list of essential commodities as part of proposed reforms aimed at attracting investment and increasing annual dairy exports to $2 billion by 2035.
• The proposals are outlined in a policy framework titled Attracting Investment to Enhance Pakistan’s Dairy Exports, prepared by the Planning Commission, the Ministry of National Food Security and Research, the Food and Agriculture Organization (FAO) and industry stakeholders under the URAAN Pakistan initiative.
• The framework sets a target of $500 million in annual dairy exports by 2029-30, rising to $2 billion by 2035.

AI Generated Summary

LAHORE: Pakistan is considering liberalising its dairy market and removing milk from the list of essential commodities as part of proposed reforms aimed at attracting investment and increasing annual dairy exports to $2 billion by 2035.

The proposals are outlined in a policy framework titled Attracting Investment to Enhance Pakistan’s Dairy Exports, prepared by the Planning Commission, the Ministry of National Food Security and Research, the Food and Agriculture Organization (FAO) and industry stakeholders under the URAAN Pakistan initiative.

Pakistan produces about 72 billion litres of milk a year, equivalent to around seven percent of global production, but exports relatively small quantities. The policy framework says the country recorded a dairy trade deficit of $37 million in 2024.