AIRLINK 72.18 Increased By ▲ 0.49 (0.68%)
BOP 4.93 Decreased By ▼ -0.07 (-1.4%)
CNERGY 4.35 Decreased By ▼ -0.04 (-0.91%)
DFML 28.49 Decreased By ▼ -0.06 (-0.21%)
DGKC 81.30 Decreased By ▼ -1.10 (-1.33%)
FCCL 21.50 Decreased By ▼ -0.45 (-2.05%)
FFBL 33.05 Decreased By ▼ -1.10 (-3.22%)
FFL 9.86 Decreased By ▼ -0.22 (-2.18%)
GGL 10.48 Increased By ▲ 0.36 (3.56%)
HBL 114.00 Increased By ▲ 1.00 (0.88%)
HUBC 140.00 Decreased By ▼ -0.50 (-0.36%)
HUMNL 9.03 Increased By ▲ 1.00 (12.45%)
KEL 4.73 Increased By ▲ 0.35 (7.99%)
KOSM 4.38 Decreased By ▼ -0.12 (-2.67%)
MLCF 37.65 Decreased By ▼ -0.36 (-0.95%)
OGDC 133.70 Decreased By ▼ -0.99 (-0.74%)
PAEL 25.60 Decreased By ▼ -1.02 (-3.83%)
PIAA 23.98 Decreased By ▼ -1.42 (-5.59%)
PIBTL 6.48 Decreased By ▼ -0.07 (-1.07%)
PPL 122.62 Increased By ▲ 0.67 (0.55%)
PRL 27.07 Decreased By ▼ -0.66 (-2.38%)
PTC 13.60 Decreased By ▼ -0.20 (-1.45%)
SEARL 56.62 Increased By ▲ 1.73 (3.15%)
SNGP 69.24 Decreased By ▼ -0.46 (-0.66%)
SSGC 10.34 Decreased By ▼ -0.06 (-0.58%)
TELE 8.45 Decreased By ▼ -0.05 (-0.59%)
TPLP 11.28 Increased By ▲ 0.33 (3.01%)
TRG 61.21 Increased By ▲ 0.31 (0.51%)
UNITY 25.33 Increased By ▲ 0.11 (0.44%)
WTL 1.50 Increased By ▲ 0.22 (17.19%)
BR100 7,630 Decreased By -8.3 (-0.11%)
BR30 24,990 Increased By 18.4 (0.07%)
KSE100 72,602 Decreased By -159.4 (-0.22%)
KSE30 23,539 Decreased By -86.6 (-0.37%)

ISLAMABAD: Ministry of Commerce (MoC) has allowed export of wheat flour manufactured from the grinding of imported wheat solely for export under the Export Facilitation Scheme, 2021.

Traders seal 12 deals for import of 0.7m MTs of wheat

According to the Statutory Regulator Order (SRO) 433(1) 2024, in exercise of the powers conferred by sub-section(1) of the section 3 of the Import and Exports(Control), Act, 1950)XXXIX of 1960), the Federal has directed that the following further amendment shall be made in the Export Policy Order, 2022, namely:- in the aforesaid Order, in schedule -1, in column (1), against serial number 19, in column (4) the following shall be inserted, namely “ export of wheat flour manufactured from wheat imported solely for export under the Export Facilitation Scheme, 2021“.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Az_Iz Mar 29, 2024 05:37am
Should have been done long back.
thumb_up Recommended (0)
Builder Mar 29, 2024 06:19am
Business as usual - we will soon find out that our grains stock are actually low, so export shouldn't have been allowed.
thumb_up Recommended (0)
Az_Iz Mar 29, 2024 02:25pm
If it takes off, wheat products bussiness, should contribute to the economy.
thumb_up Recommended (0)
Ch K A Nye Mar 30, 2024 05:12am
Just how will the bureaucratic buffoons determine that the flour is produced from imported wheat? Millers always use a blend of local and imported wheat.
thumb_up Recommended (0)
Abdullah Mar 30, 2024 05:27pm
It will provide a loop hole to export Pakistani wheat flour which in return will create shortage of flour in the country
thumb_up Recommended (0)