ISLAMABAD: Pakistan’s finance ministry says it is to import 450,000 tonnes of wheat from Russia ahead of the next crop season, which might be delayed because of the impact of floods this year.
The Russian wheat will be purchased on a government-to-government basis in the February to March period, the ministry said.
The ministry’s Economic Coordination Committee (ECC) approved the offer from the Russian state firm Prodintorg at US$372 (RM1,631) per tonne.
Under an award given earlier, the ECC also approved the lowest bid from Cereal Crop Trading LLC at a rate of US$372 per tonne for the supply of 130,000 tonnes at Karachi port for the shipment period from Dec 16, 2022 to Feb 8, 2023. It did not say from where that wheat would be imported from. — Reuters
