Govt imposes ban on wheat import, flour export

ISLAMABAD: The federal government of Pakistan on Friday imposed a ban on import of wheat and export of flour following excessive import of wheat than country’s requirement, stated a notification issued by Ministry of Commerce.

The government has made amendments to the Import and Export Policy Orders 2022, imposing a ban on the import of wheat and export of flour.

Moreover, a ban has also been imposed on export of flour prepared from imported wheat, the notification added.

Earlier in March, the federal government had conditionally allowed the export of flour made from imported wheat under the Export Facilitation Scheme 2021.

On July 10, Prime Minister Shehbaz Sharif told the National Assembly that the government had made no decision for the export of wheat even as the State-Owned Enterprises (Governance and Operations) Bill, 2024 was rushed through the legislature.

“No decision has been made for the export of wheat. I want to bring it on record before the House that there is no such decision for the wheat export,” he told the National Assembly responding to a point of order raised by a parliamentarian.

However, referring to the PTI government’s sugar and wheat scams, he recalled that it was also on record that in the past wheat and sugar were first exported and later imported and where the billions and trillions of rupees went was part of the history.

The amendment, which allows the government to remove board members of SOEs based on recommendations from the board nomination committee, had been passed by the Senate the previous week and will become law upon President Asif Ali Zardari’s assent.

Spain strike late to win record fourth Euro Championship

Spain’s Mikel Oyarzabal scored 4 minutes from time as they capped a dominant Euro 2024 marketing campaign with a deserved 2-1 win over England...

Joe Biden asks Americans to ‘cool it down’ after Trump shooting

US President Joe Biden used the formal setting of the White Home Oval Workplace on Sunday to ask Individuals to decrease the political temperature...

Argentina defeat Colombia 1-0 to win record 16th Copa America

Lautaro Martinez scored an extra-time winner as Argentina beat Colombia 1-0 to win a document sixteenth Copa America title at Arduous Rock Stadium on...

Bitcoin soars to two-week high after Trump attack

Bitcoin surged to a two-week excessive on Monday after the tried assassination of U.S. presidential candidate Donald Trump raised the chances of the previous president, who has...

Pakistan railways to run special Train for Muharram

KARACHI: Pakistan Railway has introduced the operation of a particular prepare from Kotri to Rohri on the eighth of Muharram to facilitate vacationers,  Information...

PTI’s Sanam Javed re-arrested after release

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) activist Sanam Javed has been re-arrested by Islamabad Police shortly after her launch in FIA case, ANN(Asian Information Community)...

Govt notify surge in basic power tariff for THESE consumers

ISLAMABAD: The federal government on Sunday announced an increase in the basic electricity tariff for commercial, agricultural, and bulk consumers, ANN(Asian News Network) News...

Google expands ‘Dark Web Reports’ to all users: How to check and remove your data on dark web

In this digital world, the dark web is believed to be the most dangerous place and users need to be very careful about their...