Govt to import wheat from Russia: Minister

News Image

MG News | June 24, 2022 at 12:48 AM GMT+05:00

0:00

June 23, 2022: Federal Minister for Energy, Khurram Dastgir Khan Thursday said, the government is negotiating with Russia to import wheat as the US and EU sanctions against Moscow were not applicable on food items.

Talking to a private news channel, he said it was the Pakistan Muslim League Nawaz (PML-N) government which signed an agreement in the defence sector to conduct mutual military exercises with Russia.

Khuram Dastgir claimed that there was no record of Russia’s offer to provide oil at a 30 percent cheaper rate as compared to the international market which was the claim of the Pakistan Tehreek-e-Insaf (PTI) leadership.

He said the coalition government would follow any agreement signed by the previous government for purchasing oil from Russia, in the best national interest.        

The minister said that during the PML-N's previous tenure, the government successfully put the country’s economy on the path of sustainable and balanced growth and increased per capita income.

He said that IMF had not restricted any condition to hike oil prices but wanted to sell oil on its purchasing price to provide relief to the poor masses.

The government was trying hard to put the country’s economy back on right track and provide facilities to its masses, he concluded.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,080.00 118,295.00
116,115.00
2255.00
1.95%
BRENT CRUDE 68.23 68.42
67.34
0.28
0.41%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.00 94.50
94.00
0.45
0.48%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.99 64.20
63.11
0.29
0.46%
SUGAR #11 WORLD 15.97 16.27
15.92
-0.30
-1.84%

Chart of the Day


Latest News
September 18, 2025 at 07:00 PM GMT+05:00

Pakistan's Forex Reserves Increase by USD 54.80 Million


September 18, 2025 at 05:59 PM GMT+05:00

Textile exports drop to $1.4bn in August


September 18, 2025 at 05:45 PM GMT+05:00

U. S. A. leads as top export destination for Pakistan in August


September 18, 2025 at 05:40 PM GMT+05:00

Pakistan's Power sector attracts net FDI of 86.5m in August



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg