Pakistan may import sugar to low down sugar prices in local market

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Karachi: Pakistan is grappling with the shortage of sugar due to which the prices have risen by 22 per cent in seven months. According to the media report, Pakistan could import 3,00,000 tonnes of sugar to address the issue and maintain the sugar prices in the local market.

Earlier, the Pakistan Sugar Mills Association (PSMA) had urged the government to import 3,00,000 tonnes of sugar as strategic reserves for August to October.

Sugar crisis in Pakistan is a political issue. The administration in Pakistan had also initiated action against hoarders after Prime Minister Imran Khan issued directives to curb price hike in the commodity.

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