Pakistan's olive ambitions go global

News Image

MG News | May 13, 2026 at 11:15 AM GMT+05:00

May 13, 2026 (MLN): Pakistan has formally become a full member of the International Olive Council (IOC), the world's leading intergovernmental body for olive oil and table olives which represents nearly 98% of global production.

The membership grants Pakistan direct access to international quality standards, certification systems, advanced research, technical cooperation, and premium export markets across Europe, the Gulf, North America, and East Asia, according to a press release issued.

The Instrument of Accession to the International Agreement on Olive Oil and Table Olives, 2015 was signed at IOC Headquarters in Madrid by Pakistan's Ambassador to Spain, Dr. Zahoor Ahmed, in the presence of IOC Executive Director Mr. Jaime Lillo.

The signed instrument will be deposited with the United Nations Treaty Section to complete the formal treaty process.

Pakistan is expected to participate as a full member at the 123rd IOC Council of Members session in June 2026, having previously attended the 122nd Session in Córdoba as an observer state.

Federal Minister for National Food Security & Research, Rana Tanveer Hussain, who personally led Pakistan's candidature before the IOC, called the development a "strategic milestone" that would help transform olive cultivation into a major pillar of edible oil self-sufficiency and high-value agricultural exports.

Pakistan has identified over 4.4 million hectares of land suitable for olive cultivation across Balochistan, Khyber Pakhtunkhwa, Punjab's Pothohar region, Sindh, and Azad Jammu & Kashmir.

Pakistani olive producers will also become eligible to participate in international competitions, including the prestigious Mario Solinas Quality Award.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,083.22
263.77M
-0.63%
-1116.80
ALLSHR 106,985.24
708.60M
-0.56%
-599.74
KSE30 52,836.31
88.14M
-0.71%
-377.39
KMI30 249,402.60
98.38M
-0.75%
-1875.51
KMIALLSHR 68,629.46
382.90M
-0.54%
-369.14
BKTi 50,585.57
17.47M
-0.42%
-215.71
OGTi 34,443.84
5.73M
-1.18%
-411.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,615.00 64,635.00
63,550.00
530.00
0.83%
BRENT CRUDE 78.89 86.33
78.67
-4.88
-5.83%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00
0.95
0.89%
ROTTERDAM COAL MONTHLY 118.00 120.40
118.00
0.25
0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 75.39 82.33
75.16
-4.95
-6.16%
SUGAR #11 WORLD 15.06 15.33
15.01
0.05
0.33%

Chart of the Day


Latest News
August 04, 2026 at 11:45 PM GMT+05:00

Govt cuts petrol price by Rs3.39, HSD by Rs4.07


August 04, 2026 at 11:35 PM GMT+05:00

SBP raises Rs860bn in Fixed Rate PIB Auction


August 04, 2026 at 08:16 PM GMT+05:00

Qatar confirms efforts ongoing to resolve US-Iran war


August 04, 2026 at 06:31 PM GMT+05:00

Tasdeeq IPO: Real Moat, Rosy Math



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg