Economic Coordination Com­mittee allows 0.2m tonnes of sugar export

Dawn reported that the cabinet's Economic Coordination Committee (ECC) approved on Monday the export of 200,000 tonnes of sugar. The panel, meeting under Finance Minister Muhammad Aurangzeb, attached safeguards meant to keep domestic prices stable, acting on a steering committee recommendation. National Food Security had earlier submitted a summary seeking permission to ship the sugar abroad.

The same meeting cleared a Rs3 billion technical supplementary grant for 15 bulletproof sedans to be used during the Shanghai Cooperation Organisation summit, which Pakistan hosts later this month. An official announcement said the vehicles are needed for secure transport of heads of state. The committee also stressed early and thorough preparations for the event.

The ECC approved the implementation framework for restructuring Pakistan National Shipping Corporation, covering its ownership and management control. The committee also endorsed a settlement mechanism for oil marketing companies, covering their FY26 input sales tax claims routed through the Inland Freight Equalisation Margin. The meeting also cleared a Petroleum Division draft upgrade agreement for brownfield refineries, which sets a five-year completion period.