Companies agree to procure non-recommended tobacco crop

PESHAWAR, PK: (TheNews) The standoff between the tobacco growers and companies over the purchase of millions of kilograms of the non-recommended variety of tobacco in Khyber Pakhtunkhwa ended on Saturday after the firms agreed to procure the crop on the average support price of Rs104.30.
The tobacco growers and companies formally concluded an agreement to this effect at a meeting held at the head office of the Pakistan Tobacco Board (PTB).
The meeting, chaired by the acting chairman and secretary of the PTB Nauman Bashir, was also attended by office-bearers of the representative bodies of growers and tobacco companies including Pakistan Tobacco Company, Lakson Tobacco, PMI, Walton Tobacco Company, Imperial Tobacco Company, Souvenir Tobacco Company, Sarhad Cigarette Industry, International Tobacco Company and other manufacturers. Continued