Pakistan halts decision to import 600000 tonnes of sugar

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Islamabad: Stating that importing sugar will be more expensive than domestically produced sugar, the federal government has decided to cancel the importation of 6,00,000 tonnes of sugar, reports local media.

To fulfill the requirement, the government has resorted to locally produced sugar instead of importing the commodity from other countries.
The cost of imported sugar would be around Rs 110 (Pakistan currency) per kg while the locally produced sugar costs Rs 90 per kg, according to the Trade ministry.

The federal government, on April 15, had decided to ban sugar export claiming it would help in lowering the prices bringing relief to the consumers.

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