ECC allows cotton, sugar imports from India

The government on Wednesday allowed import of cotton, yarn and sugar from India in a widely-expected move to bridge shortfall of the textile industry’s main input and sweetener in the country.

The decisions were taken during a meeting of the Economic Coordination Committee (ECC) of the cabinet presided over by newly-appointed Finance Minister Hammad Azhar.

ECC also approved import of three million tons of wheat through public and private sectors to meet the requirements of local consumers and build strategic reserves.

Read more…

Leave a Comment