ECC fixes Rs.1712 for imported urea price per bag.

ISLAMABAD -- Economic Coordination Committee (ECC) of the Cabinet in its meeting in Islamabad on Monday approved price of imported urea Rs.1712 per bag.

The meeting was chaired by Finance Minister, Asad Umar to review the fertilizer situation in the country.

The ECC in consideration of proposal from the Ministry of Industries and Production approved the price of imported urea at Rs. 1712/- per 50 kg bag for National Fertilizer Marketing Limited dealers.

It may be mentioned that ECC had directed the Trading Corporation of Pakistan on 10th September 2018 to import 100,000 MT Urea to ensure availability of sufficient stocks in the country to meet the requirements in the Rabi season.

ECC discussed and approved proposal of the Ministry of Commerce to amend the Export Policy Order (EPO) 2016, to the effect that the export of ethanol and other products manufactured from cane molasses shall be subject to...

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