Pakistan has secured a groundbreaking tuna fishing quota of 25,000 metric tons, marking a significant triumph for the nation’s fishing industry and promising substantial increases in foreign exchange earnings. Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, announced this achievement on Saturday alongside a suite of comprehensive reforms designed to revitalize the sector. The minister emphasized the government’s dedication to sustainable fishing practices, including the adoption of modern methods like long-lining, expected to greatly increase the value of catches, especially for high-value species such as tuna.
Chaudhry revealed that the implementation of long-lining techniques is projected to multiply the market price of fish. The minister also announced that renovation efforts have commenced at the Korangi Fish Harbour, coupled with the introduction of new amenities to aid fishermen and enhance handling infrastructure. Due to adjustments in export fees, Pakistan’s earnings from fisheries exports have now climbed to Rs. 250 million.
The reforms are poised to significantly boost tuna exports and foreign currency revenue, with projections estimating $200 million in income from the tuna industry alone. Chaudhry stated that Pakistan is now set to become a leader in international tuna management. He added that the global demand for Pakistani tuna is growing, solidifying the country’s position as a major participant in the worldwide seafood market.