ECC Allows Export of 1.5 Million Metric tons of Sugar, Agrees to proposal for levying regulatory duty on LPG

MG News | November 28, 2017 at 10:10 PM GMT+05:00

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On recommendation of CCI ECC allowed export of 1.5MMT sugar in view of the availability of surplus sugar.
ECC permits procurement of goods and services as per the provisions of the Framework Arrangement and Export-Import Bank of Korea Guidelines.
In order to discourage fuel adulteration and tax evasion, the ECC allowed addition of Fuel Marker in Superior Kerosene Oil (SKO).
ECC approves determination and notification of UCH-II Gas Price, as agreed under Gas Pricing Agreement (GPA) by Oil & Gas Regulatory Authority under the OGRA Ordinance, 2002.
The ECC accorded its approval for making necessary amendments in the ECC approved Supplemental Agreement to Implementation Agreement (SAIA) for CPEC projects.
ECC agreed to a proposal for levying of regulatory duty on import of LPG.
Step to help maintaining parity with the locally produced LPG.
ECC allows disposal of 500,000 tons of surplus wheat of PASSCO through local sale.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,070.00	117,795.00 116,905.00	-700.00 -0.59%
BRENT CRUDE	67.35	67.57 67.32	-0.09 -0.13%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.12	63.35 63.10	-0.14 -0.22%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%