Surplus sugar exports cleared with consumers safeguards: Dar

Pakistan’s federal government has approved exports of surplus sugar, with consumer protections attached, Business Recorder reported on November 5. Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar chaired a Cabinet Committee meeting on Wednesday that reviewed stock levels and domestic consumption needs before finalising an export framework. Officials are to retain strategic reserves, support market stability and guard against higher retail prices.

Dar said exporting surplus commodities can support the agricultural economy and generate foreign exchange, while meeting local demand remains the government’s priority. The committee also considered administrative, technical and procedural arrangements for exports alongside safeguards intended to protect domestic price stability. Ministers and senior officials from food security, finance, commerce, law and justice, and other departments attended the meeting. Its deliberations covered both existing export measures and the protections required before surplus stocks are shipped.