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

By 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.
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