India eyes 150,000 tonnes of Pakistani wheat

India eyes 150,000 tonnes of Pakistani wheat


MUMBAI: Indian grain traders have contracted to import 20,000 tonnes of Pakistani wheat and they are waiting for New Delhi to issue import permits before starting shipments, a leading regional grains trader said on Friday.

“The permits could come anytime now,” Vijay Iyengar, managing director of Agrocorp International Pte Ltd., told Reuters in an interview. “There is a possibility that up to 150,000 tonnes of Pakistani wheat will come to India.”

Pakistan, seeking to cut bulging wheat stocks, is seen offering up to 2 million tonnes of the grain for export this year. It has already allowed the sale of 800,000 tonnes by private traders and removed a 15-percent duty on exports. …

Daily Times

Didn’t know Pakistan had so much spare.

Why are then people always screaming day and night in Pakistan saying everything is too expensive due to shortages?