Imports from India till prices stabilise, says Pak minister

Islamabad, August 3 | Updated: Aug 4 2005, 06:10am hrs
Pakistan government would import sugar and five other essential commodities from India till the inflated prices of these items in local markets come down, a senior official said.

Islambad has not taken a decision yet whether to continue the imports on permanent basis, advisor to Pakistan prime minister on finance Salman Shah, said.

His comments follow Pakistan governments announcement on lifting of a four-year ban on sugar import from India in addition to duty-free import of onions, potatoes, tomatoes, garlic and meat and livestock, including buffaloes, cows, goats and sheep as well as camels through the Wagah border.

Presently, we have an understanding to continue to import essential commodities from India unless the locally inflated prices are controlled, shah said.

Asked whether Pakistan has given any commitment for a permanent import of these items from India, he told Daily Times newspaper that it had not yet been decided.

No decision has so far been taken on this account and presently we have decided to continue to import essential commodities unless prices in the local market are controlled to the normal level, he said.

PTI