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ECC continues ban on sugar exports
ISLAMABAD, Aug 28 (APP): The Economic Coordination Committee (ECC) of the cabinet on Monday reviewed its prevision decision regarding sugar export quota and continued ban on commodity’s export, which was in place since August 10, 2023.
“The ECC reviewed its previous decision regarding export quota of sugar and after detailed discussion and deliberation decided that in light of the previous decision of the ECC on the matter, the ban on export of sugar was already in place post 10th of August, 2023,” said a statement issued by finance ministry.
According to the statement, Caretaker Federal Minister for Finance, Revenue, Economic Affairs and Privatization Dr. Shamshad Akhtar chaired the meeting.
Among others, it was attended by Minister for Planning, Development & Special Initiatives, Sami Saeed; Minister for IT and Telecom, Mr. Umar Saif ; Advisor to the PM on Finance, Dr. Waqar Masood ; federal secretaries and other senior officers.
The statement said, Ministry of National Food Security & Research (NFS&R) had submitted a summary regarding cancellation of export quota of sugar with a ban on export of sugar while briefing the meeting about the production, stock position of sugar, consumption and rising prices of sugar in the market, and its impact on overall food inflation.
The ECC further directed Ministry of NFS&R to prepare and submit regular reports on availability of sugar stocks, consumption, and pricing to the ECC in order to enable it to monitor the availability and pricing of this important commodity.
The ECC also directed the Ministry to coordinate with all the relevant agencies and authorities to check smuggling and hoarding of sugar.
Furthermore, the ECC also asked the Ministry to provide the latest stock, availability and prices of wheat immediately, the statement added.
Inaugural consignment from China to Afghanistan under TIR sets new milestone
GILGIT, Aug 28 (APP): An inaugural consignment of dry fruits sent from China to Afghanistan, transiting through Pakistan under the Transports Internationaux Routiers (TIR) agreement, has set a new milestone in the realm of international collaboration and connectivity.
The event in this regard, held on Monday at Sost, was attended by key dignitaries, including the Director of Transit Trade Peshawar, the Deputy Commissioner of Hunza, and the Collector of Customs in Gilgit-Baltistan.
Gilgit-Baltistan Chief Secretary Mohyuddin Wani, in a statement, said, “Today we celebrate the inaugural shipment from China to Afghanistan, facilitated through the vital route of Pakistan under TIR agreement via Sost Border.This event underscores the power of partnership, diplomacy, and shared aspirations for progress.”
He added “International trade through the Sost Dry Port is increasing day by day and this coincides with the start of international flights at Skardu.”
Laborer struggling to push his handcart loaded with domestic item at Yakatoot area


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