Pakistan to import 350,000 tons of sugar in two phases to rein In prices

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MG News | July 10, 2025 at 03:42 PM GMT+05:00

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July 10, 2025 (MLN): Pakistan will import 350,000 metric tons of sugar in a two-stage strategy aimed at stabilizing domestic prices and ensuring sufficient supplies, the Ministry of National Food Security & Research revealed on Wednesday.

Under the plan, the Trading Corporation of Pakistan (TCP) will first issue a tender for 200,000 tons of sugar, followed by a second tender for an additional 150,000 tons to be floated a week later.

The phased approach is designed to align imports with immediate market needs and expected demand over the coming weeks.

The move came amid rising concerns over inflation and the availability of essential commodities.

Federal Minister for National Food Security & Research Rana Tanveer Hussain said that the decision reflected the government’s commitment to curb price volatility and provide relief to consumers.

The imported sugar, a coarse-grain variety commonly used by local households, will undergo strict post-shipment quality inspections to meet market standards.

The government has also exempted all duties and taxes on these imports to ensure sugar reaches the public at affordable prices and to ease inflationary pressures.

Officials said a robust monitoring system will be put in place to oversee the distribution of sugar nationwide, aiming to prevent hoarding and profiteering.

Copyright Mettis Link News

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