ECC allows TCP to proceed ahead for import of 125,00 MT Urea fertilizers on G2G basis form China.

ISLAMABAD -- The Economic Coordination Committee (ECC) on Friday allowed TCP to proceed ahead with import of 125,000 MT on G2G basis from China for meeting the demand of Urea fertilizer and the import of 35000 MT on G2G basis through M/s Socar from Azerbijan.

Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the ECC, said a press release issued here.

Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Industries and Production Syed Murtaza Mahmud, Minister of State for Finance and Revenue Dr. Aisha Ghous Pasha, Minister of State for Petroleum Musadik Masood Malik, SAPM on Finance Tariq Bajwa, SAPM on Government Effectiveness Dr. Muhammad Jehanzeb Khan, Chairman SECP, Federal Secretaries, Chairman FBR and other senior officers attended the meeting.

Ministry of Industries and Production submitted a summary on procurement of 200KMT Urea and shared that the Ministry has negotiated on various options including import from Chinese firms who have committed to supply the...