Challenges and Opportunities in Halal Industry By: Dr. Shahid Raza Chairman Bio-World Forum Presented at Halal Research Council Conference www.halalrc.org Held at Expo Centre, Lahore - Pakistan Objectives Management efficiency Export facilitation Trade diplomacy Import strategy Reducing cost of doing business Challenges Demand of Growing Industry Role of Chambers & Industry Role of OIC Govt. Role Opportunities Muslim countries Different products that come exported under Halal Brand Role of Chambers & Industry Role of OIC Govt.Role Recommendations/Proposals There should be a recognized body in Pakistan which should operate with below given mission and objectives. OBJECTIVES: i) To assist and facilitate the Development of Halal Industry and ii) iii) iv) Processes in Pakistan. To assist and Facilitate Capture a Sizable Share by Pakistani Producers in International Halal Market. To Develop Halal Standards for Food and Non-Food Items. To Continuously review requirements of international market and modify national policies to fetch maximum benefits for Pakistan. ROLE: i) ii) iii) Halal Certification. Registration of Foreign Certification Bodies. The “Halal Sector” Regulatory Authority in the Country. Recommendations Awareness Programs – – Seminars and workshops Consultative sessions Conclusion RECOGNITION OF PAKISTAN IN GLOBAL HALAL ARENA 21st Century Government Role Chambers & Industry Role PPP