Sugar Advisory Board approves import of 500,000 tons

June 24, 2025 (MLN): The Sugar Advisory Board has approved the import of 500,000 metric tons of sugar in response to recent disruptions in the market.

The decision was made during a meeting chaired by Minister for National Food Security and Research, Rana Tanveer Hussain, to assess the current sugar stock situation in the country.

The meeting was convened to evaluate market conditions and determine appropriate measures to ensure a consistent sugar supply while shielding consumers from inflationary pressures.

The minister announced that all formalities related to the sugar import would be completed in the coming days, after which the imported sugar would be introduced into the domestic market.

This move is part of a wider policy framework designed to stabilize the market and rebuild confidence in the supply chain, as APP reported.

Rana Tanveer Hussain noted that disruptions in the supply chain and non-compliance by sugar mill owners had led to price volatility and contributed to the ongoing increase in sugar prices.

He emphasized that the rise in sugar prices not only affected household budgets directly but also impacted the cost of various food products, placing additional strain on consumers.

To counter these issues, the Ministry has decided to implement strict monitoring and enforcement mechanisms in collaboration with provincial governments.

These actions aim to promote transparency in sugar distribution, prevent hoarding, and clamp down on profiteering practices that adversely affect consumers.

The minister reaffirmed the government’s commitment to food security, market stability, and consumer protection through timely interventions and structural reforms.

He reiterated that the decision to import sugar was a proactive measure to curb further inflation and ensure that essential goods remain within reach for the general public.

The Ministry of National Food Security and Research will continue to track market developments closely and remains dedicated to safeguarding public interests through responsible governance and robust market regulation, the minister concluded.

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