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Commerce denies selling cotton in local market

ISLAMABAD: The Commerce Ministry on Saturday contradicted a news item which claimed that Trading Corporation of Pakistan (TCP) has sold cotton in the local market.

Clarifying the 'unfounded story' the spokesman of the Ministry said: "Not a single cotton bale has been sold by TCP in the local market."

He further said that eight local parties had participated in the tender, floated recently by the TCP for international bidding.

However, their tenders were rejected by the TCP, the spokesman added. APP