Pakistan has approved the export of an additional 500,000 tonnes of wheat with a subsidy of $155 per tonne to be shipped by sea only. The measure was taken during a Pakistani committee chaired by the Prime Minister last week but details were still awaiteted. The wheat should be offered for sale via the state company Pakistan Agricultural Storage and Services Corporation (PASSCO). All exporters are waiting for further information about the procedure and timing of export sales. No announcement has yet been made. But the 500,000 tonnes is expected to be sold for export May and June 2018. A bumper crop last year and large stocks led the Pakistani government to introduce a new export subsidy scheme in January which has led to a series of large export sales in the past month. A cabinet committee in December had approved a programme to export 2 million tonnes of wheat in the current financial year, with 1.5 million tonnes coming from the state of Punjab and 500,000 tonnes from the state of Sindh.