Will face inflation, but no business from India! Pak PM Imran Khan decided to reverse import


Posted on 1st Apr 2021 06:44 pm by rohit kumar

Pakistan, which approved the import of sugar and cotton from India, has now reversed its decision. The Imran Khan government was getting a lot of criticism about this decision. In such a situation, for internal politics, Imran Khan decided to retreat. In a cabinet meeting led by PM Imran Khan on Thursday, the government approved the reversal of the panel's decision. Earlier, Pakistan's Economic Coordination Committee approved the import of sugar and cotton from India. The inflation of these products has increased significantly in Pakistan. In such a situation, it was decided to resume imports from India to deal with inflation. But politics started on this too and under pressure, the Imran Khan government overturned the decision.

 

Nothing has been officially said by Pakistan to reverse the decision. If the decision of the Economic Coordination Committee had come into force, it would have been two years since the trade between India and Pakistan would have started. In fact, in August 2019, after India removed Article 370 from Jammu and Kashmir, Pakistan decided to discontinue business from India. On Wednesday, Pakistan's new finance minister Hammad Azhar announced to start business with India. He spoke about the import of cotton and sugar from India. Not only this, but he had also defended his decision on the question of starting a business from India.

 

Important decision was taken after ceasefire on LOC

Earlier, the decision to start a business with India was being seen as an exercise by Pakistan to improve relations between the two. Earlier, the armies of the two countries had also agreed to a ceasefire on the LoC last month. Pakistan's Prime Minister Imran Khan appointed Hammad Azhar as Finance Minister on Tuesday.

 

Decision was taken to deal with inflation, but it had to be reversed

Finance Minister Hammad Azhar while talking to the media had said that imports from India will be approved to deal with rising sugar prices and shortage of cotton in Pakistan. After this, the Economic Coordination Committee approved 5 lakh tonnes of sugar rectangle from the private sector. Apart from this, by the end of June, it was also decided to import cotton so that the needs of micro and small industries could be met.

1 Like 0 Dislike
Previous news Next news
Other news

Bigg Boss 19: First wild card entry in 'Bigg Boss 19', this contestant came to rock the show.

'Bigg Boss 19' is surprising its viewers every day with new twists and turns. This season has cre

FATF warns Islamic State and Al Qaeda are spreading online propaganda

The Financial Action Task Force (FATF) has warned that Islamic State and al-Qaeda have increased

Brave Kids Joining Vaccine Trial: Two Real Brothers Take Risks To Keep Other Kids Safe; Inspired by doctor mother

The courage of the two brave children of Patna has helped in making the fight against Corona easi

Shah Rukh Khan and Y+: The Maharashtra government increased the security of 'Jawan' Shah Rukh, he was receiving death threats.

Shah Rukh Khan Gets Y+ Security: The year 2023 has been very good for Bollywood's King Shah Rukh

Imran won 15 out of 20 seats in Punjab: Former PM said - Shahbaz government is a guest of a few days, elections should be held in Pakistan at the earliest

Imran Khan's party Pakistan Tehreek-e-Insaf (PTI) has created history by winning 15 out of 20 sea

Khalistani organization threatens Diljit Dosanjh, demands cancellation of concert; learn about Big B's connection

Sikhs for Justice (SFJ), an organization led by Khalistani terrorist Gurpatwant Singh Pannu, has

Xiaomi may announce the date of launch of Mi 11 Lite in India today, know price and specification

Xiaomi Mi 11 Lite launch date: Xiaomi, the famous Chinese smartphone maker, can announce the date

Bangladesh Violence: Mohammad Yunus' government spewed venom against India! Said- 'Controversy can cause harm'

Bangladesh and India's relations have been witnessing tensions in recent times. Bangladesh's inte

Masterplan to surround China all-around in Quad meeting, Modi, Suga, and Morrison will meet Biden

Washington

Prime Minister Narendra Modi will meet President Joe Biden in the US on Friday

SIR in UP: The date for the SIR process has been extended in UP. BLOs have the 2003 voter list.

To ensure transparency and ease of district election operations, District Magistrate Santosh Kuma

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash