Showing posts with label ECC approves sugar export to Iran. Show all posts
Showing posts with label ECC approves sugar export to Iran. Show all posts

Thursday, 1 August 2013

ECC approves sugar export to Iran




ISLAMABAD: The government on Tuesday allowed sugar export to Iran against electricity import.It also allowed continued higher margins to Oil Marketing Companies (OMCs) and petroleum dealers and put an immediate ban on import of gold and export of live animals.

The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet, presided over by Finance Minister Ishaq Dar that also decided to strictly go by the procurement rules in import of Liquefied Natural Gas (LNG) to ensure transparency instead of seeking exemptions.