NFSR plans three-pronged strategy for making country wheat secure

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MG News | October 01, 2020 at 02:12 PM GMT+05:00

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October 1, 2020: For making the country wheat secure, NFSR has strategized three-pronged strategy including, import through private sector, import by Trading Corporation of Pakistan (TCP) and Government to Government (GTG) arrangements.

 DPP has issued Import Permit to 573 private importers for import of 2.890 MMT.18 wheat vessels of quantity 1.092 MT have been booked by private importers to arrive in Pakistan from Sept to January.

By 30th September 2020, out of 18 vessels, 7 vessels carrying 0.433 MMT wheat have been arrived in the country. Discharged 0.335 MMT of imported wheat distributed to Punjab (0.178 MMT), KP (0.0754 MMT) and Sindh (0.148 MMT).

In October 2020, 5 vessels carrying about 300000 MT wheat will arrive in Pakistan. In November 2020, 3 vessels carrying 180000 MT wheat will arrive. In December, 2 vessels carrying 120000 MT wheat will arrive in Pakistan. In January 2021, one vessel carrying 60000MT will arrive in Pakistan.

TCP was allowed import of 1.50 MMT of wheat. TCP has arranged to import 0.330 MMT of wheat. The price of wheat flour will start coming down as four ships of wheat imported by Trading Corporation of Pakistan are seen arriving in October. Next tender for 0.30 MMT will be opened in coming week.

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