Pakistan may lift ban on import of cotton, sugar from India – News 24-7 Live News 24-7 Live
Pakistan may lift ban on import of cotton, sugar from India

Pakistan may lift ban on import of cotton, sugar from India

The proposal to allow cotton and sugar imports from India will be presented before Pakistan’s Economic Coordination Committee (ECC) of the Cabinet for approval at the meeting convened by the country’s Ministry of Commerce.

Pakistan’s Economic Coordination Committee (ECC) of the Cabinet will meet on Wednesday, March 31, to consider reopening Indo-Pak trade.

The proposal to allow cotton and sugar imports from India will be presented before the committee for approval at the meeting convened by the country’s Ministry of Commerce.

The panel will take up two summaries of the commerce and textile ministry to lift the ban on import of cotton, cotton yarn, and white sugar from India.

The ECC meeting, to be presided over by the newly appointed Finance Minister Hammad Azhar, will have 21 items on its agenda.

Also Read: Pakistan suspends import of cotton from India due to rising tension in ties

Commerce and Textile ministries have submitted five critical summaries for approval besides others. The Textile Division summary has sought permission from the ECC to lift the ban on the import of cotton and cotton yarn from India in an attempt to overcome raw material shortage for the textile sector.

News Source:- Business Today

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