The Trading Corporation of Pakistan (TCP) has awarded tender for import of 0.1 million ton urea in a bid to avert any shortage and ensure smooth availability of urea to the farmers in the current Kharif. In response to its international Tender Notice floated on April 18 last month, the TCP awarded import contract for a quantity of 100,000 metric ton urea at US$522.86 per metric ton (PMT) C&F, to the lowest bidder M/s. Gavilon Fertilizer LLC, USA on Monday. According to the official handout, in all 14 bids received in the tender. All were found responsive in terms of prescribed evaluation criteria. The prices quoted in the tender ranged from US$522.86 per metric ton to US$549.00 per metric ton (C&F). M/s. Gavilon Fertilizer LLC offered the lowest price of US$522.86 for 100,000 metric ton. As the offer conformed to all technical specifications and was the lowest, the contract was awarded, to the lowest bidder for a total quantity of 100,000 metric ton.
Sipping another cup of tea
COIMBATORE
ONLINE
Opening the Wagah-Attari border will provide an ideal route for tea export to Pakistan besides saving a considerable amount of time, United Planters Association of South India (UPASI) has said. Shipments could easily take more than two weeks while land route could transport teas in a week, Press Trust of India quoted UPASI as saying.
A decision on opening the Wagha-Attari border may be made at the policy level and another policy that could bring positive changes to India-Pakistan trade is to have a functional SAARC Preferential Trade Agreement (SAPTA), the association said.
South India’s tea exports to Pakistan reached 23 million kg last year and the figure is expected to rise to 50 million kg in a few years time, UPASI added.
