ECC allows import of 100,000 tons of Urea

ECC allows import of 100,000 tons of Urea

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved summary for importing 100,000 tons of urea to ensure availability of fertilizer in the market to cater to the domestic demands of farmers.

The ECC meeting, Chaired by Finance Minister Asad Umar, also directed the Ministry of Industries and Production to review the price mechanism of fertilizer industry for ensuring provision of urea to farmers at cheaper rates.

The committee decided to allow additional import of Urea in case of diversion of gas supply from fertilizer plants to power producers during summer, said Finance Ministry statement.