Tuesday, September 29, 2009

Industry Lobby To Push ECC To Take

Islamabad: A powerful lobby, all fertilizer on Tuesday pushed back his last cabinet meeting of ECC is ready to take 0.4 million tonnes of urea through private sector decided to import S, reliable sources told news for the development of private Monday. Ministry of Industries & Production Summary TCP with ECC and the National Fertilizer Marketing Limited (NFML) 2009-10 to Rabi stores through its distribution by 0.6 million tons of urea fertilizer demand for import approval has submitted , the agenda shows the meeting available with ECC news. Federal Petroleum and Natural Resources, Minister for Syed naveed waist, will chair the Finance Minister Asif Ali Zardari Shaukat Tarin have a meeting with U.S. President. Federal Industry and Production, passed Ahmed Watto, the minister comment on the issue when the news on the import of urea fertilizer asked about the reversal of the decision of ECC refused. Has allowed 400,000 tonnes of urea ECC come before private importers with a subsidy of Rs750 per bag of 50kg through private sector imports for the first service basis, said an official announcement on September 15 with ECC meeting of Finance Minister After the chair Shaukat Tarin. Surveillance and target of 400,000 tonnes of banks on the achievement Credit cards (LCs) to stop the issuance, the Ministry added.The, in the last Kharif season, sale and distribution of allocated 650.000 tonnes (13 to Rs1 billion through be pocketed million 50kg bags), National Fertilizer Marketing Limited (NFML) urea imported through shops. A minimum 50kg bag price of Rs710 per 50kg in the open market price of Rs100 extra certainly be cheating farmers.To sabotage ECC Urea imports from Rs1.3 billion through the private sector to step S, an insider told this correspondent, the Ministry of commodity shortage again through NFML farming community as a fleecing of the previous rabi season was one for the forum is established. Federal next day on September 15 at the ECC meeting industry and production, urea producers accept Minister Ahmed Wattoo and efficient private sector convened a meeting to allow import 0.4 million tonnes to power only two weeks to reverse the decision appealed Rabi Urea fertilizer for crops, he said. Federal Minister for Industries and Production National Fertilizer Marketing Limited and the direction of loved ones as the import of urea from the Parliament as well as partner leading English daily newspaper, the issue was published in June awarded S .

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