ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain says the Economic Coordination Committee (ECC) has approved the import of 1.5 million tonnes of fertilizer from China
In a tweet on Thursday, the federal minister said the first shipment of 50,000 tonnes will arrive on February 10. He said that 600,000 tons of local fertilizer will also start arriving in the market this month. He said farmers will not face any shortage despite the high prices of fertilizers in the international market.
The ECC on Wednesday had approved the import of 50,000 metric tons of urea from China on an immediate basis subject to clearance from the Pakistan Standards and Quality Control Authority (PSQCA).
The committee, the meeting of which was presided over by Federal Minister for Finance and Revenue Shaukat Tarin, allowed the import on Government-to-Government (GoG) basis with the People’s Republic of China, said a press statement issued by the Finance Ministry.
The ECC tasked the Trading Corporation of Pakistan (TCP) to negotiate prices with the Chinese supplier authorized by government of China for further import of urea.
