The high-level meeting on new Fertilizer Policy on Thursday deliberated on framework of Fertiliser Policy in detail and also negotiated to adopt the future policy measure.
It was briefed that upcoming policy would be structured on three broad areas i.e. demand, supply and pricing of soil nutrients, said a press release issued here.
Federal Minister for Industries and Production Makhdum Khusro Bakhtyar presided over the high-level meeting on new Fertilizer Policy.
The meeting was attended by Minister for Energy Mr. Hammad Azhar and Minister for Food Security and Research Syed Fakhar Imam.
It was discussed that the issue of rationalization of gas sale agreements and supply-chain maintenance through local production or imports in conjunction with demand projections would be addressed in the new Fertiliser Policy.
The senior officials of these Ministers were also present.
During discussion, Minister Khusro Bakhtyar noted that unlike previous governments, the incumbent government utilized the optimal capacity of the urea plants to meet the demands in outgoing Rabi season.
He said the local industry witnessed record production of 6.3 MMT urea this year due to timely actions of the government.
Minister Khusro Bakhtyar emphasized upon encouraging the application of nutrients balance into soil in Rabi and Kharif season to enhance the productivity of cultivated area in country.—APP
