Pakistan to import Sugar to stabilise prices

Govt decides to import 85,000 metric tons of sugar to stabilize prices, Rana - Global News Pakistan

Islamabad : The government has decided to import 85,000 metric tons of sugar to meet the demand for sugar in the country and stabilize Sugar prices in the local market. In order to meet the demand for sugar in the country and stabilize prices, Letters of Credit (LCs) have been established through SOCAR for the import of 85,000 metric tons of sugar, said a release issued by the Federal Ministry of Food Security here on Friday. All these LCs have …

Pakistan to import 85,000 tons of sugar to stabilize prices - ChiniMandi

Islamabad: The Pakistan government has decided to import 85,000 metric tons of sugar to meet domestic demand and stabilize prices, the Ministry of Food Security announced on Friday, reports The Nation. According to the ministry, Letters of Credit (LCs) have been opened through SOCAR for the imports, with disbursements made via relevant banks. The shipments will arrive in phases under a trade agreement signed with SOCAR, with the first consignmen…

Govt decides to import 85,000 MT of sugar

ISLAMABAD: The government has decided to import 85,000 metric tons of sugar to meet the demand for sugar in the country and stabilize Sugar prices in the local market. In order to meet the demand for sugar in the country and stabilize prices, Letters of Credit (LCs) have been established through SOCAR for the import of 85,000 metric tons of sugar, said a release issued by the Federal Ministry of Food Security here on Friday. All these LCs have b…

Pakistan to import Sugar to stabilise prices

ISLAMABAD: Government of Pakistan has officially opened Letters of Credit (LCs) to get the 85,000 metric tons of sugar imported under the government-to-government Sugar agreement, ARY News reported. By this strategic step, the government aims to balance domestic sugar shortages and price instability. The official sources have mentioned that, LCs have been communicated to banks, allowing the shipments of imported sugar in phases. The first consi…