Trading Corporation Of Pakistantcpis The Principal Trading Arm Of The Government Of Pakistanestablished As A Premier International Trading House In 1967The Corporation Has Gradually Moved From Barterthrough Commodity Exchange To Cash Tradeacting On The Directives Of The Federal Governmentamongst Other Thingstcp Undertakes Import Of Essential Commodities To Help Ensure Their Availability To The Common Man At Affordable Pricesit Intervenes In The Market In The Larger Public Interest To Ensure Fair Price To Growersas Well As To Preempt Hoarding And Profiteeringthe Corporation Is Fully Owned By The Government Of Pakistanbeginning With A Trade Volume Of Rs115 763 Million In 1967 68Tcp Went On To Register A Turnover Of Rs52 649 402 Million In 2010 11Tcp Is Evidently Amongst The Select Few Profit Making State Enterprises In Pakistan Tcp S Operations Largely Complement The Private Sector In Meeting The Demand For Essential Commodities In The Countryit Also Facilitates The Private Sector By Making Its Vast Storage Areas Available To Them On Favorable Termsthus Considerably Helping Improve The Supply Chainsas It Ardently Strives For Decartelizationtcp S Procurements Strictly Adhere To The Public Procurement Rules2004Brought Into Place By The Government Of Pakistanwith A View To Providing Level Playing Field To The Market Players And Ensuring Utmost Transparency Of The Procurement Processes Of The Public Sector Enterprisestransparency International Pakistantiphas Also Recently Acknowledged The Efforts Tcp Is Making To Improve The Levels Of Integrity In Its Operations Significantlytcp Has Also Been Instrumental In Making The Gwadar Port Operationaltcp Is Importing Various Commodities In Bulk Through Gwadar Port Since 2007 08This Has Helped Generate Economic Activity In The Area With Opportunities Of Gainful Employment For The Local Populationin Line With Prime Minister S Aaghaz E Haqooque Baluchistan Package
