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Export of brown sugar allowed

The government has allowed export of brown sugar to encourage its production in the country for which Commerce Ministry issued Regulatory Order (SRO) on Thursday. Prime Minister Syed Yousuf Raza Gilani and Economic Co-ordination Committee (ECC) of the Cabinet have already cleared the proposal of Commerce Ministry.

Commerce Ministry, in its summary to the ECC, had argued that there is a demand for export of high value organic brown sugar. According to the Ministry, it is typically less processed and often comes in the form of raw sugar and its export will not in any way impact on the local market. Ministry of Industries supported the proposal but to the extent of two percent of annual production of sugar.

Copyright Business Recorder, 2011


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