3/31/2021
By Gibran Naiyyar Peshimam and Rajendra Jadhav
ISLAMABAD/MUMBAI, March 31 (Reuters) - Pakistan is
considering lifting a nearly two-year old ban on Indian sugar
and cotton imports, as Islamabad tries to keep soaring domestic
prices in check, government and industry officials told Reuters.
Pakistani buyers have already started making inquiries about
buying Indian sugar and cotton, which is being offered at lower
prices than supplies from other countries, five dealers said.
India is the world s biggest producer of cotton and the
second biggest sugar producer. Exports to its neighbour will
reduce surpluses that are weighing on its local markets, while
Pakistan may lift ban on Indian cotton, sugar imports, sources say
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Pakistan lifts ban on Indian cotton, sugar as prices rise, tensions ease | Money
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UPDATE 1-Pakistan lifts ban on Indian cotton, sugar as prices rise, tensions ease
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