May 25, 2007

Pakistan bans wheat export to India

The federal government of Pakistan this week has barred export of wheat to India by sea and road and wheat shipments can only be transported through rail.

This had been disclosed by the Ministry of Food, Agriculture and Livestock (MINFAL) in its new procedure for the export of another 0.5 million tonnes of wheat.

The new export procedure entails the following:

• Private parties will not be required any NOC (non-objection certificate) either from the MINFAL or Ministry of Commerce;

• There will be no export duty on export of wheat;

• The Government of Pakistan will not provide any subsidy for export of this wheat;

• Wheat can be exported in partial shipments through containers;

• Exporters would strictly adhere to the international buyers commodity specifications and would present pre-shipment inspection reports to Customs Authorities at the time of export;

• Exporters would observe all normal export procedures.