Permits for 1.57m tonnes of wheat import issued

Published August 20, 2020
The Ministry of National Food Security and Research has already been directed by the ECC to facilitate wheat imports to avoid domestic shortages of the commodity. — Dawn/File
The Ministry of National Food Security and Research has already been directed by the ECC to facilitate wheat imports to avoid domestic shortages of the commodity. — Dawn/File

ISLAMABAD: The Department of Plant Protection has so far issued permits to 380 private importers for procuring 1,576,000 tonnes of wheat, the Ministry of National Food Security and Research said on Wednesday.

It said that six letters of credit have been opened whereas two are under process. Moreover, nine vessels have been booked up to October this year for approximately 65,000 tonnes each.

The first vessel carrying 60,804 tonnes of wheat is expected to arrive in Karachi on Aug 26, while the second ship carrying 65,000 tonnes of wheat is scheduled to arrive on August 28, and the third container carrying 69,000 tonnes is expected to arrive on Sept 8.

Similarly, the fourth vessel with 55,000 tonnes of wheat will reach the country on September 12.

The Trading Corporation of Pakistan (TCP) has invited international tenders for the import of 1.5 million tonnes of wheat. Three recipients have endorsed the quantity of 1.5m tonnes of imported wheat: Punjab (0.70m), Khyber-Pakhtunkhwa (0.30m) and Pakistan Agriculture Storage and Services Corporation (0.50m).

It is expected that first shipment of imported wheat through the TCP will reach during the second week of October, the ministry said.

Published in Dawn, August 20th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
23 Dec, 2024

Internet restrictions

JUST how much longer does the government plan on throttling the internet is a question up in the air right now....
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...