India raises duty on sugar imports from Pakistan

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LAHORE: Muhammad Ibrahim Mughal, chairman of the Agri-Forum Pakistan (AFP), said on Tuesday that India has increased duty on sugar imports from Pakistan, according to a statement. Such an attitude shows that India is not serious in developing bilateral trade relations with Pakistan, he said, adding that India has to import around 2.5 million tons of sugar this season due to shortfall in production.

India should opt for sugar imports from its nearest western neighbour for being its sugar cheaper and high quality, he said.

Mughal claimed that Pakistan would be in a position to export one million tons of sugar during 2012-13 due to left over of 500,000 tons of the previous year and production of the same quantity from the new crop will be in surplus.

Pakistan could have exported 0.7 million tons of sugar to India if there had not been any increase in the duty, he said. The Agri Forum chairman said that the federal government should take this example seriously and take up the issue with the government of India

Courtesy: The News


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