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sugar 400ISLAMABAD: In pursuance of the Economic Coordination Committee of the Cabinet (ECC) decision, the government has allowed export of 200,000 tons of sugar in addition to left-over quota of already approved export after fulfilling four conditions.

 

A statement of the Ministry of Commerce issued here on Friday said that the conditions would be that 200,000 tons of sugar will be exported in addition to left-over quota of already approved export,the export shall be made against "E" form.

 

The other conditions would be that a quantity not in excess of 10,000 tons shall be allowed to be exported by individual sugar mills and the State Bank of Pakistan (SBP) will monitor the sugar exports and no form "E" shall be issued in excess of any individual mill quota and cumulative ceiling mentioned above.

 

Copyright APP (Associated Press of Pakistan), 2012

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