Pakistan's poultry products have great export potentials and could fetch the country up to US$2 billion in annual revenue, an expert said on Monday.
Prof. Talat Naseer Pasha, vice chancellor of the University of Veterinary and Animal Sciences (UVAS), was quoted by Pakistani media as saying that the country's potential export markets would include Middle and Far Eastern countries, central Asian nations and Russia, which is on the lookout for possible food sources to replace the US, EU and other Western countries whose livestock and poultry products are banned from entering Russia in retaliation for Ukraine-related trade sanctions imposed by those countries.
He noted that livestock and poultry is the country's most vibrant sector, contributing 55% to agriculture's gross domestic product and 12% (of which 4% constitutes poultry products) to national GDP.
The university, he said, was working closely with the Livestock and Dairy Development Department Punjab and the private sector for the development of livestock and allied sectors.