Pakistan has formed a committee to finalize an incentive scheme for fish exporters following a record $568 million in exports last fiscal year. The move comes as the government aims to increase seafood shipments without altering the current tax system. The maritime affairs ministry announced the formation of a four-member committee, tasked with developing a performance-based incentive program. The initiative is part of broader efforts to support the fishing industry and enhance export revenues. The committee will work to ensure the incentive structure aligns with the country’s economic goals while maintaining regulatory stability. This development follows a successful fiscal year for Pakistan’s seafood sector, highlighting the potential for further growth in international markets. (arabnews.pk)
