Edible oil from Indonesia, Malaysia due in two weeks

Published
1

ISLAMABAD: Amid the current unprecedented food inflation in the country, people may have a sigh of relief as governments of Indonesia and Malaysia are sending 10 shiploads of edible oil to Pakistan to cater to the local demand.

The Prime Minister’s Office said on Tuesday that 10 shiploads of edible oil from Indonesia and Malaysia would arrive in the country within the next two weeks.

The development took place after Prime Minister Shehbaz Sharif held a telephonic conversation with Indonesian President Joko Widodo on June 10.

On his directive, a Pakistani delegation held successful negotiations with the Indonesian trade ministry for the import of edible oil. Minister for Commerce and Production Syed Murtaza Mahmood met his Indonesian counterpart, the PM Office said. The visiting delegation also included Pakistan Vanaspati Manufacturers Association chairman Tariqullah Sufi and member Rashid Jan Muhammad.

“Today, a shipload of 30,000 tonnes of edible oil would sail for Pakistan,” an official press release said. It added that a total of 0.25 million tonnes of edible oil is being supplied to Pakistan from Indonesia.

The Indonesian government, on the request of the Pakistani delegation, swiftly acted upon all relevant issues. However, it has not been informed on which terms and conditions the edible oil was being sent to Pakistan by the two countries.

The price of edible oil has sharply gone up in markets across the country and the commodity is being sold at Rs600 per litre.

Published in Dawn, June 15th, 2022

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...