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Asia 15/09/2020

Pakistán: Pakistan ECC to impose ban on potato export today

The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Wednesday (Sept 9) with the Finance Advisor, will impose a ban on export of potatoes with immediate effect, lasting until December 31, 2020.

The reason for this is prices reaching Rs 100 per kg in some parts of the country.

Going back to the reason for the proposed ban, the Ministry of National Food Security and Research argues that about 96 per cent of total produce of potato comes from Punjab and during the FY20 the total area under potato cultivation stood at 440,000 acres while total production remained 4,381,470 tons, with a declining trend of 2.62 per cent and 6.61 percent over the previous FY, respectively.

The sources said, Federal Cabinet in its meeting on April 28, 2020 decided to put an immediate ban on the export of "all edible items which are consumed by common man." The decision was salient about the specific edible/food products to be banned.

Section 3(1) of the Import of Exports (Control) Act, 1950 empowers the Federal Government to prohibit, restrict or otherwise control the import into and export from Pakistan of any good or class of goods. Commerce Ministry has solicited ECC permission to impose ban on export of potato till December 31, 2020 as proposed by Ministry of National Food Security and Research. However, the export of shipments of potato in the pipeline with confirmed L/C/, B/L or airway bill should be exempted from the proposed ban.

Source: brecorder.com

Fuente: https://www.freshplaza.com/article/9248167/pakistan-ecc-to-impose-ban-on-potato-export-today/


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