Pakistan: Changes in Pakistan Wheat Export Subsidy and Import Tariff

Pakistan has announced that 900,000 metric tons of wheat will be available for export with a subsidy of $120 per metric ton. The subsidy will be shared by the federal government and the provinces of Sindh and Punjab. The subsidy does not appear to be large enough to generate significant interest in Pakistani wheat which priced significantly higher than wheat from Black Sea ports. Pakistan has also announced an increase in its temporary “regulatory duty” on wheat imports from 40 percent to 60 percent. The move is aimed at shielding Pakistan’s domestic market from lower-priced imports of wheat.

Pakistan: Changes in Pakistan Wheat Export Subsidy and Import Tariff