Businessmen urge Pak govt to permit food imports from India

Story by  ATV | Posted by  Nakul Shivani | Date 26-09-2022
Deadly floods have destroyed 90 per cent of crops in Pakistan
Deadly floods have destroyed 90 per cent of crops in Pakistan

 

Islamabad

In view of the looming and rapidly worsening food crisis in Pakistan due to the catastrophic floods which have destroyed about 90 per cent of the crops, businessmen and economic experts in the country have urged the government to contemplate and allow import of food items from India.

The suggestion comes in reference to the emergency food security problems in the country, triggered after the flash floods since mid-June.

The floods have wreaked havoc in the country, destroying standing crops spread across thousands of acres of farmland and agricultural fields; displacing and directly affecting over 33 million people; completely diminishing livestock and infrastructure.

The business community has also advised the government to also wave all taxes on the agricultural sector until the country returns to normalcy.

"We urge the government to allow imports from all four neighbouring countries," stated a press release of Pakistan Businessmen and Intellectual Forum (PBIF).

PBIF President Zahid Hussain also referred to the Russia-Ukraine war, maintaining that it has caused global damages to agricultural commodities.

As per Zahid Hussain, that the biggest impact has been on wheat, whose prices jumped record high, and now following the disastrous floods, its entire crop standing on millions of acres wiped out in Pakistan.

Recommendation for allowing imports from India has been done because it is the quickest and cheapest route for food import.

Trade with India has been on a halt for some time, forcing traders to opt for the route through the United Arab Emirates (UAE), which adds to the cost for the traders.

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"The government should give priority to the welfare of the people and give preference to the neighbouring countries instead of importing agricultural products from distance countries," insisted PBIF.