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Govt moves to restore trade ties with India - Newspaper

ECC allows import of sugar, cotton and cotton yarn from across the border. ....

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Trade ties with India resume

Trade ties with India resume
ECC allows import of sugar, cotton via land, sea routes
Federal Finance Minister Hammad Azhar addressing a presser at the Press Information Department (PID) in Islamabad on March 31, 2021. SCREENGRAB
ISLAMABAD:
Pakistan on Wednesday resumed trade with India as part of an understanding to gradually normalise bilateral relations and ensure food security of the country that is bracing for shortages of wheat, sugar and cotton.
The country had suspended bilateral trade with India on August 9, 2019 after “the Indian government’s unilateral action to change the status of Indian Illegally Occupied Jammu and Kashmir”.
In the first place, the Economic Coordination Committee (ECC) of the cabinet, immediately allowed the import of 500,000 metric tons of sugar and unspecified quantity of cotton and yarn from India to bridge the nearly three million shortfalls. ....

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ECC allows cotton, sugar imports from India

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 ....

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ECC allows cotton, sugar imports from India

ECC allows cotton, sugar imports from India
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Allama Muhammad Iqbal , Parco Mehmoodkot , National Bank , Pakistan Atomic Energy Commission , National Export Development Board , Pakistan Mineral Development Corporation , Economic Coordination Committee , Supreme Court , Sialkot Material Testing Lab , Services Corporation , Higher Education Commission , Branch Registry At Karachi , Privatization Commission , Finance Minister Hammad , Pakistan Agricultural Storage , Pakistan Steel , Branch Registry , அல்லாமா முஹம்மது இக்ப்யால் , தேசிய வங்கி , பாக்கிஸ்தான் அணு ஆற்றல் தரகு , தேசிய ஏற்றுமதி வளர்ச்சி பலகை , பாக்கிஸ்தான் தாது வளர்ச்சி நிறுவனம் , பொருளாதார ஒருங்கிணைப்பு குழு , உச்ச நீதிமன்றம் , சீயல்கொத் பொருள் சோதனை ஆய்வகம் , சேவைகள் நிறுவனம் ,