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ECC allows cotton, sugar imports from India Business April 1, 2021 ISLAMABAD: The government on Wednesday allowed import of cotton, yarn and sugar from India in a widely-expected move to bridge shortfall of the textile industry’s main input and sweetener in the country. The decisions were taken during a meeting of the Economic Coordination Committee (ECC) of the cabinet presided over by newly-appointed Finance Minister Hammad Azhar. ECC also approved import of three million tons of wheat through public and private sectors to meet the requirements of local consumers and build strategic reserves. “In order to boost the value-added exports in the textile sector, the ECC allowed the import of cotton and cotton yarns from India to bridge the gap between demand and supply of the raw materials, required to maintain the surge of exports especially in the textile sector,” said an official statement. The import will be allowed through land and sea routes till June 30, until the a

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