Pakistan: Pakistan Establishes Wheat Import Tariff
The Government of Pakistan has increased the tariff on wheat imports from zero to twenty percent. The imposition of a tariff on imports is expected to halt wheat imports during the current marketing year except for a few shipments that were under way at the time of the announcement. Wheat imports are estimated at 600,000 metric tons for 2015/15. The Government of Pakistan has also announced an eight percent increase in the wheat support price, fixing it at Rs. 1,300 per 40 kilogram ($318 per metric ton) effective April 1, 2015. This the first support price increase in two years.
Pakistan: Pakistan Establishes Wheat Import Tariff