Islamabad: The Cabinet Committee on the Export of Surplus Sugar convened under the leadership of Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar to evaluate the export framework and its implications on domestic markets. The meeting focused on ensuring that sugar exports do not disrupt local price stability while aiming to boost the agricultural economy through foreign exchange earnings.
According to Press Information Department, the committee assessed current sugar stock levels and domestic consumption to maintain a balance between exports and local availability. The Deputy Prime Minister emphasized the importance of safeguarding domestic consumers while exporting surplus sugar. He instructed authorities to maintain strategic reserves to meet national demand, thereby preventing price hikes in the retail market. The Deputy Prime Minister also expressed gratitude to the committee members for their efforts in facilitating the export process.
The meeting included participation from the Ministers for National Food Security and Research and Economic Affairs, the Minister of State for Finance, the Adviser to the Prime Minister on Industries and Production, Special Assistant to the Prime Minister Tariq Bajwa, and senior officials from relevant ministries and departments.