Pakistan to Buy 200,000 Tons Russian Wheat to Tame Inflation

  • The shipments from Russia are likely to arrive by December
  • Pakistan is importing Russian wheat for first time since 2014
Wheat is delivered to a grain elevator during harvest on a farm in Ust-Labinsk, Krasnodar, Russia.Photographer: Andrey Rudakov/Bloomberg
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Pakistan plans to buy about 200,000 tons of wheat from Russia as part of Prime Minister Imran Khan’s bid to control inflation by increasing supplies of essential commodities.

Islamabad will soon sign a memorandum of understanding with Moscow for the supply of the grain on a government-to-government basis, Pakistan’s wheat commissioner, Imtiaz Ali Gopang, said by phone. The shipments from Russia are likely to arrive by December after the federal cabinet approves the proposal, he said.