The Trading Corporation of Pakistan (TCP) is a Pakistani state-owned commodity trading company, mainly responsible for export and import of commodities particularly wheat, cotton, rice and urea. It also issues tenders on behalf of the Government of Pakistan for export and import of agricultural products. TCP has its headquarters in Karachi, and offices in various cities of the country including Islamabad and Multan.[2][3]
Trading Corporation of Pakistan was established in 1967 as a premier international trading house fully owned by the Government of Pakistan.[4] From the year 1980-81, the government decided to remove the monopoly of TCP on imports of the country.[5] The Corporation has gone through substantial change over the years in its role from barter to commodity exchange arrangement and to trade in line with free market economy approach adopted by the Government of Pakistan. TCP's current role of import of essential commodities is for improving supplies to ensure availability of commodities to consumers at affordable prices and market intervention for ensuring fair price to farmers.