The Trading Corporation of Pakistan (TCP) has opened an international tender for the import of 300,000 tonnes of wheat.

Earlier, the TCP released a tender after the federal government decided to import wheat to meet the shortage of the commodity in the country due to devastating floods.

The Trading Corporation of Pakistan (TCP) receive two bids from international suppliers from which Agro Carp International gave the lowest bid which was accepted by the TCP.

According to the officials of TCP the landing cost of import of wheat per/ton at the Karachi Port will be $398.92 while the landing cost at Gwadar Port will be $409.92.

Furthermore, the TCP officials said the transportation cost will be separate from the landing charges of the imported wheat.

Wheat is being imported by the Pakistan Agricultural Storage & Services Corporation (PASSCO).