In a significant move to bolster agricultural trade, Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik held a key meeting with Canadian High Commissioner Tarik Ali Khan in Islamabad. The discussions centered on enhancing bilateral trade, specifically focusing on the export and import of genetically modified (GM) canola.
Focus on Streamlining GM Canola Trade
The core of the dialogue revolved around the practical challenges in the GM canola trade between the two nations. A primary concern identified was the limitations and complexities associated with Harmonised System (HS) codes, the international standard for classifying traded products. Both sides emphasized the urgent need for greater clarity and more efficient procedures related to these codes to facilitate smoother trade flows.
Pakistan's Commitment to Facilitation
Dr Musadik Malik provided concrete assurances to the Canadian envoy. He stated that his ministry is dedicated to minimizing procedural delays that hinder trade. The minister outlined that any new policies or amendments to existing frameworks will be specifically designed to streamline processes. The ultimate goal is to create a more facilitative environment for both importers and exporters engaged in this sector.
Digital Transformation for Transparency
Highlighting a major step towards modernization, Minister Malik informed High Commissioner Tarik Ali Khan about an ongoing initiative. The Ministry of Climate Change is actively upgrading its digital dashboard. This technological enhancement is aimed at significantly improving transparency, operational efficiency, and the overall ease of doing business for all stakeholders involved in the trade ecosystem.
The meeting underscores Pakistan's proactive approach to resolving technical trade barriers and leveraging digital tools to foster a more predictable and business-friendly trading environment with key partners like Canada.