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Home International

Troubled by floods and food crisis, Pakistan will start trade with India

by Chandler
August 30, 2022
Reading Time: 2min read
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Islamabad, Facing floods and food crisis, Pakistan will once again start trading with India. Finance Minister of Pakistan Mifta Ismail has announced it. Mifta Ismail said – Due to this flood and increase in food prices, we will open the trade route with India.

Pakistan’s Finance Minister Mifta Ismail today told the media that the government may consider importing vegetables and other food items from India for the convenience of the people due to the current flood damage. According to Radio Pakistan, Mifta Ismail said this while addressing a press conference in Islamabad.

According to sources, Pakistan’s former security adviser Moeed Yusuf was working on some proposals regarding trade with India. So Pakistan’s former trade advisor Razak Dawood also advocated resumption of business with India several times.

In March 2021, Pakistan’s Economic Coordination Committee said it would allow the country’s private sector to import 0.5 million tonnes of sugar and cotton from India through the Wagah border. But this decision was withdrawn within a few days. In fact, this decision was opposed by PMLN and PPP, which is currently running the coalition government in Pakistan.

It is noteworthy that the price of vegetables in Pakistan has skyrocketed. One kg onion is available for Rs 500 kg and tomato Rs 400 kg in Lahore market. Food prices are expected to rise further in the coming days, as floods have badly affected the supply of vegetables from Balochistan, Sindh and south Punjab.

At present, onion and tomato are being supplied from Afghanistan to Lahore and Punjab cities. This is being supplied through the Torkham border. Earlier, Lahore Market Committee Secretary Shahjad Cheema also said that the government can import onion and tomato from India. HS1MS

.Source

Tags: crisisfloodsfoodIndiaPakistanstarttradeTroubled

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