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KUALA LUMPUR, June 9 MSM Malaysia Holdings Bhd will be exercising full allowance of its permit to import sugar in addition to its current stock levels following the temporary suspension of its operations in Prai, Penang. In a filing with Bursa Malaysia, the sugar producer said the company. ....
Last Updated: MEA Refuses To Comment On Pakistan s U-turn On Cotton And Sugar Import Resumption We are not the right party to comment said MEA, refusing to comment on Pak s u-turn on plans to import sugar and cotton from the country On Friday, India refused to comment on Pakistan s flip-flop on plans to go for limited imports of sugar and cotton from the country. On Thursday, Pakistan s Cabinet rejected the proposal of a high-powered committee to import cotton and sugar from India. Foreign Minister Shah Mahmood Qureshi said there can be no normalisation of ties until New Delhi reverses its decision to revoke the special status of Jammu and Kashmir. This came days after the Economic Coordination Committee (ECC) under newly-appointed Finance Minister Hammad Azhar decided to buy the two key items from India, lifting a nearly two-year-long ban on their import from the neighbouring country. ....
Pakistan cabinet rejects proposal to import sugar, cotton from India SECTIONS Last Updated: Apr 02, 2021, 07:30 AM IST Share Synopsis The Imran Khan Cabinet deferred the Economic Coordination Committee’s decision to allow import of sugar, cotton and cotton yarn from India through land and sea routes, Pakistan’s leading English Daily ‘The Dawn’ reported. Earlier in the day, Mazari had stated that all ECC decisions “have to be approved by the federal cabinet”. In less than 24 hours, after announcing the resumption of trade ties with India, the Pakistan Cabinet on Thursday put the decision on hold until India ‘reverses its decision on Article 370’. ....
Highlights It said that that trade would not resume till India reverses decision on Article 370 New Delhi: In a dramatic U-turn, the Pakistani cabinet on Thursday (April 1) deferred the import of sugar and cotton from India. The Pakistani flip flop comes, even as on Wednesday, Pakistan s Economic Coordination Committee (ECC) of the Cabinet had given approval for import of white sugar from India up to 500,000 MT till 30th June and import of cotton till the same deadline. Restoration of special status for the erstwhile state of Jammu and Kashmir has been a key issue for Islamabad vis a vis import of sugar and cotton. ....