Friday, July 1, 2022

Govt negotiates with Russia to obtain wheat: Miftah Ismail

Miftah Ismail, the Minister of Finance, has stated that the federal government has been in discussion with Russia on the import of wheat.


Following in the footsteps of former Prime Minister and current Chairman of the Pakistan Tehreek-e-Insaf (PTI), Imran Khan, the federal government appears to have reached out to Russia in an effort to purchase wheat, according to the facts.

Miftah Ismail stated in an interview with an international news channel that the federal administration is now engaging in consultations regarding the importation of wheat. “The old regime was considering obtaining oil from Russia,” he added. 

According to the minister of finance, Russia did not respond to the letter that was sent by the previous government. According to what Miftah had to say about the matter, “we would be pleased to buy wheat from Ukraine and Russia – whichever country can sell us the grain.”

In response to a question about the possibility of Russia selling oil to India, a federal minister stated, “If Russia offered us oil at a cheaper rate and if there were no sanctions on Pakistan buying that oil, then surely we will consider that.” 

Miftah asserted that the government, which was led by Imran Khan, was exclusively purchasing oil from Russia.

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It is important to point out that previous Prime Minister Imran Khan has brought up numerous times the possibility of purchasing oil and wheat from Russia.

The former prime minister was speaking at a public gathering in Charsadda when he made the following statement: “We were going to sign an agreement with Russia for getting cheap oil and Russia had showed agreement to supply oil at 30 percent lower price,”

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