Board recommends export of 100,000 metric tons of surplus sugar

The Sugar Advisory Board has recommended export of one hundred thousand metric tons of surplus sugar. It was decided at a meeting of the Board presided over by Minister for Industries and Production Rana Tanvir Hussain in Islamabad today. The final approval for sugar export will be given by the Economic Coordination Committeeof the Cabinet. During the meeting, the availability of sugar stocks and prices in the country were also reviewed. The Minister highlighted that there is surplus sugar in the country and there will be no hike in the ex-mill price of sugar. Rana Tanveer said that sugar exports will be carried out following the terms and conditions set by the cabinet. Source:Radio Pakistan