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The Economic Coordination Committee (ECC) has approved tender to import 100,000 metric tons of sugar.
A meeting of the ECC presided over by Finance Minister Shaukat Tarin on Monday approved a summary by Industries and Production Division for approval of a tender opened on 25-06-2021 for import of 100,000 metric tons of sugar.
The meeting constituted a committee on intervention price for cotton crop of 2021-22 with the instruction to submit a report within 15 days.
The ECC was informed that lower cotton production is hampering the industry’s growth, textile exports, and elevating imports bill of edible oil as well as raw cotton, and livestock meal, besides causing economic insecurity in rural areas, etc.
