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Rana Tanveer

‘Govt making efforts to boost oilseeds output’ says Rana Tanveer

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  • Post last modified:10/02/2016
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KARACHI: The government was trying to boost domestic production of oil-seeds, however, cotton, wheat, rice and sugarcane were given priority, said Federal Minister of Science and Technology Rana Tanveer Husain.

While addressing the first Pakistan Edible Oil Confe­re­nce on Sunday, jointly organised by Pakistan Banas­­pati Manufacturers Association, All Pakistan Solvent Extraction Association and Pakistan Edible Oil Refiners Asso­ciation, he said that the country has become a major market for edible oil with the consumption of 3.7 million tonnes per annum, out of which 2.6m tonnes ($2 billion) were being imported.

On the occasion, Pakistan Edible Oil Refiners Association Chairman Rasheed Jan urged the government to reduce taxes on imports of the commodity.

Pakistan was largely depe­n­­dent on Indonesia for import of edible oil, which stands at around 83pc, he added.