Govt to Export 108,000 Tons Surplus Sugar

Notably, the Economic Coordination Committee (ECC) of the Cabinet has approved an international tender for the export of 108, 000 metric tons of sugar held by the Trading Corporation of Pakistan (TCP).

Key points

• The sugar is part of the 300, 000 metric tons imported by the administration last year on the recommendation of the Steering Committee on Sugar.
• The Ministry of National Food Security and Research had sought permission to invite international bids for exporting the remaining 108, 000 MT of sugar at present held by TCP.
• The international tender will be conducted in accordance with the Public Procurement Regulatory Authority (PPRA) Rules 2004.
• The decision was taken on Wednesday at an ECC session chaired by Finance Minister Muhammad Aurangzeb at the Finance Division in Islamabad.
• Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

For context, the decision was taken on Wednesday at an ECC session chaired by Finance Minister Muhammad Aurangzeb at the Finance Division in Islamabad. Govt Approves Growth in Petroleum Dealers Margins Under Pressure.

For context, the sugar is part of the 300, 000 metric tons imported by the administration last year on the recommendation of the Steering Committee on Sugar. It was constituted with Cabinet approval.

Meanwhile, the Ministry of National Food Security and Research had sought permission to invite international bids for exporting the remaining 108, 000 MT of sugar at present held by TCP.

Notably, the international tender will be conducted in accordance with the Public Procurement Regulatory Authority (PPRA) Rules 2004.

Notably, the session was attended by Federal Minister for National Food Security and Research Rana Tanveer Hussain, Federal Minister for Investment Qaiser Ahmed Sheikh, Advisor to the Prime Minister on Industries and Production Haroon Akhtar Khan, federal secretaries and senior office-holders from relevant ministries and divisions.

Obtain the latest business news, market insights, and economic updates wherever you prefer.

Add as a preferredSource on Google Follow on Google News Join WhatsApp.

In short, govt to Export 108, 000 Tons Surplus Sugar is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.