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Modalities for export of 200,000 MT surplus sugar approved

ISLAMABAD: The government on Tuesday approved modalities for the export of 200,000 metric tonnes of surplus sugar and constituted a monitoring committee to regularly monitor domestic sugar prices, while directing the concerned ministries to expedite the process. Deputy Prime Minister/Foreign Minister Senator (DPM/FM) Mohammad Ishaq Dar chaired a meeting of the Cabinet Committee for the Export of…

Modalities for export of 200,000 MT surplus sugar approved

The Pakistani government has approved the procedures for exporting 200,000 metric tonnes of excess sugar. In a meeting chaired by Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, the Cabinet Committee for the Export of Surplus Sugar finalized the modalities for the sugar export. The meeting also approved the creation of a committee to monitor sugar prices regularly.

The Deputy Prime Minister directed all relevant ministries to expedite the process and complete the necessary paperwork promptly. This move aims to support the sugar industry and sugarcane farmers, increase foreign exchange earnings, and protect domestic consumers. The meeting included representatives from the Ministry of National Food Security and Research, the Ministry of Climate Change, Tariq Bajwa (SAPM), secretaries of Commerce and National Food Security and Research, and other key stakeholders from both federal and provincial departments.

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