Pakistan bans wheat import and export to stabilize local market

Published 2024년 7월 15일

Tridge summary

The Pakistan government has taken steps to regulate the wheat market by banning wheat imports and flour exports to combat artificial price hikes and prevent shortages. The Ministry of Commerce has issued an official notification, and the bans are effective immediately. These measures aim to stabilize local markets, support domestic producers, and ensure an adequate supply of essential commodities for the population.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Pakistan government has taken steps to regulate the country’s wheat market by banning the import of wheat and the export of flour on Friday. In response to the artificial increase in wheat and flour prices and to prevent shortages, the government has taken important steps by imposing an immediate ban on wheat imports and flour exports. The Ministry of Commerce has issued an official notification regarding these measures. According to the notification, the ban on wheat imports and flour exports takes effect immediately. Officials have explained that these decisions were made to curb the artificial inflation of wheat and flour prices and to ensure sufficient supply within the country. By restricting wheat imports, the government aims to stabilize local markets and support domestic producers. Simultaneously, the ban on flour exports is ...

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