Markets

Pakistan decision to import Indian cotton and sugar put on hold

  • In an effort to cool local demand and prices, Pakistan's Economic Coordination Committee on Wednesday gave the go-ahead for the imports.
Published April 1, 2021 Updated April 1, 2021 05:29pm
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ISLAMABAD: Pakistan's cabinet, chaired by Prime Minister Imran Khan, on Thursday put on hold a decision made by the country's top economic decision-making body to allow imports of cotton and rice from neighbouring India, a source told Reuters.

In an effort to cool local demand and prices, Pakistan's Economic Coordination Committee on Wednesday gave the go-ahead for the imports, which was to have ended nearly two years of trade suspension between the nuclear-armed rivals.