ECC Approves Export of 1.1 Million Tons Sugar

ECC Approves Export of 1.1 Million Tons Sugar

Islamabad (December 04, 2018): The Economic Coordination Committee has approved enhancement of sugar export quota by 0.1 million tons taking the total export of the commodity to 1.1 million tons.

The committee, which met in Islamabad on Tuesday with Finance Minister Asad Umar in the chair also approved the release of two billion rupees of outstanding freight support claims.It approved the allocation of up to 30 mmcfd gas from Zafir field to Sui Southern Gas Company Limited.

The committee has also decided to start sugarcane crushing season early and also sought assistance from provincial governments in this connection.

According to sources, ECC has postponed the decision of direct payment and payment of refunds to enhance exports and decided to draft the procedure in this regard.

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