Home >

Pakistan Will Convene Cotton Acquisition Conference To Determine Purchase Price Of Lint Cotton

2008/11/25 0:00:00 10242

Cotton

According to PCGA, Pakistan's decision to allow Pakistan trade company (TCP) to buy cotton is influenced by the conditions set out by the International Monetary Fund (IMF).

Mr. Chaudhry Muhammad Akram Jatt, President of PCGA, told the media that there was no supporting price of major commodities, including cotton, in a report submitted to the prime minister by the planning committee.

He said that in November 25, 2008, the Minister of textiles would preside over the meeting.

Besides the president of TCP, the textile secretary, Finance Secretary and textile minister will attend the meeting.

The main task of the conference is to determine the purchase price of lint.

TCP will buy cotton from the ginning merchants on behalf of the government. The conference will determine the target of TCP's lint purchase.

TCP's account has received 500 thousand rupees, and the Ministry of agriculture, animal and animal husbandry has announced the support price of cotton, which is 1456 rupees per 40 kilograms.

He said very decisively that he would not allow the IMF to interfere in cotton acquisitions.

  • Related reading

Lingerie Sells Outside The Russian Capital.

Global Perspective
|
2008/11/25 0:00:00
10294

Layoffs In Honduras'S Textile Industry

Global Perspective
|
2008/11/25 0:00:00
10236

Canada'S Economy May Fall Into Recession

Global Perspective
|
2008/11/25 0:00:00
10231

The Report Is A Serious Decline In The US Retail Market.

Global Perspective
|
2008/11/25 0:00:00
10243

Russian Spacecraft Will Send New Clothes For The International Space Station

Global Perspective
|
2008/11/25 0:00:00
10240
Read the next article

Japanese Lifestyle Items Enter Clothing Stores