ECC Calls Tenders for 108,000 Tonnes Sugar Export

Pakistan's Economic Coordination Committee (ECC) has decided to call international tenders for the export of 108,000 tonnes of sugar. This cautious approach, driven by domestic sensitivities and past export-import cycles, aims to secure reasonable foreign exchange and maintain local price stability. A formal export decision will depend on tender prices and cabinet approval, likely close to the next crushing season. While a positive step for foreign exchange, the limited quantity means minimal immediate impact on USD/PKR or local gold rates.

بحوالہ / Source: www.dawn.com