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

  • 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.

 

Posted on: 2017-11-28T22:10:00+05:00