Approval from federal govt expected today for TCP to import sugar, wheat - News Summed Up

Approval from federal govt expected today for TCP to import sugar, wheat


KARACHI: The Trading Corporation of Pakistan (TCP) is all set to initiate the import of sugar and wheat for domestic consumption, a national daily reported. “The federal government is in touch with the TCP officials and currently, we are waiting for written approval to initiate the import of wheat and sugar. They said the import operation will require billions of rupees funds and the TCP has also requested the federal government to release funds for the import of sugar and wheat. The federal government has already allowed the private sector for duty-free import of wheat to meet the domestic demand. Accordingly, the private sector has initiated import and finalized some 0.5 million wheat import.


Source: Pakistan Today August 04, 2020 21:56 UTC



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