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Deadly crash involving 23 vehicles kills 14 in UAE Federal Govt cuts petrol price by Rs3, diesel by Rs4 per litre Pakistan faces diabetes crisis as 34.5 million adults battle disease PM Shehbaz meets Turkish President Erdogan during COP31 summit Drake calls music industry ‘so cooked’ after Billboard changes streaming rules BMPP and UBG reunite as SM Tanveer gains backing for FPCCI presidency Nvidia CEO Jensen Huang resigns amid alleged espionage scandal Country singer and songwriter Mark McGuinn dies at 58 Anthropic chief sees AI revolution in fighting cancer and alzheimer’s Gold prices plunge by Rs10900 per tola in Pakistan Pakistan set up U19 Asia Cup final after crushing Bangladesh Bad light brings early end to fourth day of Rawalpindi Test MSCI adds Attock Refinery to Pakistan Index in November review TikToker and farmhouse owner arrested after fatal lioness attack in Lahore Indonesia’s VP Gibran resigns as political rift draws attention Massive bomb threat wave targets schools across Italy, Ireland and UK, triggering evacuations Saudi Arabia and Harmain Sharifain’s security remain Pakistan’s top priority, says DG ISPR Pakistan showcases mineral wealth as two-day investment forum kicks off in Islamabad US consortium proposes $4.4 billion LNG project in Pakistan Deadly crash involving 23 vehicles kills 14 in UAE Federal Govt cuts petrol price by Rs3, diesel by Rs4 per litre Pakistan faces diabetes crisis as 34.5 million adults battle disease PM Shehbaz meets Turkish President Erdogan during COP31 summit Drake calls music industry ‘so cooked’ after Billboard changes streaming rules BMPP and UBG reunite as SM Tanveer gains backing for FPCCI presidency Nvidia CEO Jensen Huang resigns amid alleged espionage scandal Country singer and songwriter Mark McGuinn dies at 58 Anthropic chief sees AI revolution in fighting cancer and alzheimer’s Gold prices plunge by Rs10900 per tola in Pakistan Pakistan set up U19 Asia Cup final after crushing Bangladesh Bad light brings early end to fourth day of Rawalpindi Test MSCI adds Attock Refinery to Pakistan Index in November review TikToker and farmhouse owner arrested after fatal lioness attack in Lahore Indonesia’s VP Gibran resigns as political rift draws attention Massive bomb threat wave targets schools across Italy, Ireland and UK, triggering evacuations Saudi Arabia and Harmain Sharifain’s security remain Pakistan’s top priority, says DG ISPR Pakistan showcases mineral wealth as two-day investment forum kicks off in Islamabad US consortium proposes $4.4 billion LNG project in Pakistan

Pakistan sees boost in Seafood exports, Hits $465 Million

Pakistan sees boost in Seafood exports, Hits $465 Million

The Pakistan Bureau of Statistics reported that Pakistan increased its seafood exports to $465 million in FY25, marking a 13.4% rise in value and an 8% growth in quantity compared to the previous year. Exporters shipped 216,350 tons of seafood, up from 199,738 tons worth \$410 million in FY24.

The Pakistan Fisheries Exporters Association (PFEA) credited fishermen and processors for boosting seafood exports, despite facing weak global demand and restricted market access.

PFEA Vice-Chairman Saeed Fareed said a U.S. ban on shrimp and restricted access to the EU continue to constrain seafood exports. He noted that processing plants are operating at only 20–25 percent capacity due to raw material shortages.

Over the past two decades, shrimp landings have dropped significantly, forcing the industry to shift its focus to alternative species like cuttlefish, squid, and octopus.

Fareed warned that fish stocks are declining, referencing reports from the Marine Fisheries Department and the FAO. He urged the government to implement conservation measures and actively pursue re-entry into the U.S., EU, and Saudi markets.

Structural and regulatory hurdles have kept exporters from reaching the $500 million target. In response, the government has proposed reforms such as establishing shrimp farming clusters, developing hatcheries, banning the use of trash fish in fishmeal, and introducing onboard freezing to minimize post-harvest losses.

[embedpost slug="currency-exchange-rates-in-pakistan-today-20-july-2025/"]

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