Pakistan to Halt Sugar Export, Aims to Offer Subsidy at Home – Research Snipers

Pakistan to Halt Sugar Export, Aims to Offer Subsidy at Home

Halt Sugar Export

The Adviser to the PM on Commerce, Industry and Textile and Production—Abdul Razak Dawood on Thursday said that Pakistan would not be exporting sugar from now onwards, as per the reports of local media.

Dawood said that the sugar would now only be exported under the special conditions and not as a regular item on the export agenda.

While addressing a gathering on sustainable development, the adviser also said that the government was working with dedication for providing cheaper items and commodities of per day use to the consumer.

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Razak Dawood also mentioned that the sugar would only be exported after a comprehensive checking of the amount of it produced in the year, if the product is in abundance of the demand, only then it would be exported.

The adviser to the PM also acknowledged the Pak-China Free trade Agreement under which the traders of Pakistan would be getting the opportunity for exporting 313 new products to the Chinese markets.

The two nations have completed the legal protocols and procedures to begin the implementation of the agreement.

Pakistan and China have inked a protocol for the implementation of the deal during the final visit of PM Khan to China.

Pakistan is all set to enjoy zero duty on export of 724 products to China under the first Free Trade Agreement inked between the two nations in 2000.

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