Pakistan, Malaysia deepen economic ties with $200m halal meat agreement

MG News | October 07, 2025 at 09:45 AM GMT+05:00
October 07, 2025 (MLN): Pakistan and Malaysia have reaffirmed their shared resolve to further expand bilateral cooperation, with a particular focus on strengthening economic and trade relations, investment, and collaboration across emerging sectors.
A major highlight of the engagement was Malaysia’s decision
to enhance the import quota of Halal meat from Pakistan to $200 million,
showing growing confidence in Pakistan’s export potential and quality
standards.
The commitment was expressed during a productive and forward
looking meeting between Prime Minister Muhammad Shehbaz Sharif and his
Malaysian counterpart Dato’ Seri Anwar Ibrahim at Perdana Putra,
Putrajaya.
Both leaders expressed satisfaction over the steady progress
in bilateral ties since Anwar Ibrahim’s visit to Pakistan in October last year.
The two sides agreed to accelerate joint efforts in key
growth areas, including information technology, telecommunications, the
Halal industry, automotive manufacturing, green energy, electronics, tourism,
higher education, agriculture, and climate change.
Prime Minister Shehbaz Sharif welcomed the expanded trade
commitments and expressed Pakistan’s readiness to meet all regulatory and
quality standards set by Malaysia, terming the new meat export agreement “a
milestone in Pakistan’s Halal industry growth and South-South economic
cooperation.”
Both leaders also held in-depth discussions on regional and
international developments, including the situation in the Middle East.
The Malaysian Prime Minister commended Pakistan’s diplomatic
efforts for peace in Palestine and the broader region.
Prime Minister Shehbaz emphasized the importance of
cooperation at multilateral forums, such as the United Nations (UN) and
the Organization of Islamic Cooperation (OIC), particularly on issues
impacting the Muslim world.
He also reiterated Pakistan’s stance on Kashmir and
thanked Malaysia for its consistent support for a peaceful resolution in line
with UN resolutions.
The two leaders discussed Pakistan’s engagement with ASEAN,
as Malaysia assumes the chairmanship of the regional bloc.
Prime Minister Shehbaz thanked Anwar Ibrahim for reaffirming
Malaysia’s support for Pakistan’s bid to become a full dialogue partner of
ASEAN, stressing Islamabad’s interest in deepening its East Asian partnerships.
During the visit, both prime ministers jointly introduced
the Urdu translation of Anwar Ibrahim’s book “SCRIPT”, which outlines
his vision of leadership, sustainability, innovation, and social harmony.
Prime Minister Shehbaz praised the Malaysian leader’s
intellectual contribution, describing the book as “a guiding framework for
progress, compassion and mutual respect.”
The visit also saw the exchange of multiple Memoranda of
Understanding (MoUs) covering cooperation in diplomatic training, higher
education, tourism, Halal certification, anti-corruption, and small and medium
enterprises (SMEs).
Prime Minister Shehbaz Sharif lauded the “warm hospitality
and exceptional arrangements” extended by the Malaysian government, noting that
both sides “converge on nearly all key regional and economic issues.”
In his remarks, Prime Minister Anwar Ibrahim
reaffirmed Malaysia’s intent to deepen cooperation with Pakistan, highlighting
new opportunities in technology, artificial intelligence and
innovation-driven growth.
He said Malaysia will continue to facilitate the import of Pakistani
rice and beef, and emphasized the importance of expanding economic
connectivity between the two nations.
The two leaders agreed to remain in close consultation to
ensure the timely implementation of decisions taken during the high-level
meeting and to maintain coordination on global and regional developments.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 166,173.75 629.74M | -0.94% -1578.66 |
ALLSHR | 101,078.24 1,264.37M | -0.68% -692.01 |
KSE30 | 51,149.07 265.14M | -1.23% -637.71 |
KMI30 | 242,071.43 126.77M | -1.72% -4246.02 |
KMIALLSHR | 67,022.68 446.33M | -0.98% -661.03 |
BKTi | 46,979.88 155.30M | -0.22% -104.03 |
OGTi | 33,337.23 13.68M | -1.95% -661.44 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 125,375.00 | 126,295.00 124,315.00 | -940.00 -0.74% |
BRENT CRUDE | 65.38 | 65.84 65.07 | -0.09 -0.14% |
RICHARDS BAY COAL MONTHLY | 86.50 | 0.00 0.00 | 2.60 3.10% |
ROTTERDAM COAL MONTHLY | 91.10 | 91.75 90.80 | -0.20 -0.22% |
USD RBD PALM OLEIN | 1,085.00 | 1,085.00 1,085.00 | 0.00 0.00% |
CRUDE OIL - WTI | 61.60 | 62.04 61.27 | -0.09 -0.15% |
SUGAR #11 WORLD | 16.59 | 16.88 16.39 | -0.22 -1.31% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|