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Milk corporate farming sector presents an import substitution approach: Razak Dawood

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September 25, 2020 (MLN): Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood, had a long and fruitful meeting with the milk corporate farming sector and the milk processors wherein they presented an import substitution strategy.

Taking his twitter handle, he said that it has presented the Ministry of Commerce (MoC) with a very interesting challenge of building the corporate livestock farms and enabling them to meet the supply requirements of the processors in such a manner that the whole supply chain is economically viable.

‘A strategy of reducing input costs to the livestock industry, changing the tax structure, will have to be examined. This is purely an import substitution approach with no prospects of exports’, he concluded.

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Posted on: 2020-09-25T13:20:00+05:00

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