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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 government has approved the export of 200,000 metric tonnes of surplus sugar, with a monitoring committee established to oversee domestic sugar prices. Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar led a Cabinet Committee meeting to finalize the export modalities and direct ministries to expedite pending formalities.

The move aims to support the sugar industry, sugarcane farmers, boost foreign exchange earnings, and protect domestic consumers. The meeting included representatives from key ministries such as National Food Security and Research, Climate Change, Commerce, and National Food Security and Research.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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