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Pak to import 500,000 bales of Indian cotton
Islamabad,
Dec
13:
The
Pakistan
Government
has
allowed
import
of
500,000
bales
of
short
staple
cotton
from
India
through
land
route
via
Wagah
border
to
overcome
domestic
shortage.
Sources said that the decision to this effect was taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided by caretaker Prime Minister Mohammadmian Soomro. They said the ECC directed Deputy Chairman of the Planning Commission Dr Akram Sheikh to ensure that cotton import did not exceed the allowed limit that might cause the domestic cotton prices to crash, to the disadvantage of farmers.
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It
was
for
the
first
time
in
more
than
eight
years
that
almost
all
the
leading
newspapers
were
kept
out
of
a
briefing
on
the
ECC
meeting
despite
repeated
requests,
the
Dawn
reported.
ANI
>
