ISLAMABAD: Federal Cabinet approved import of 300,000 tonnes of wheat from Russia on a government-to-government (G2G) basis. Cabinet approved import of Russian wheat through a circulation summary.

According to sources, government would import 300,000 metric tonnes of specified milling wheat at $ 372/MT for shipment period from November 1 to January 15, 2023.

Development comes days after Economic Coordination Committee approved summary for purchase of 300,000 MT of wheat from Russia on a government-to-government basis. ECC meeting was presided over by Minister for Finance and Revenue Ishaq Dar.

Published in The Daily National Courier, November, 05 2022

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