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| Sugar export to Iran approved: Report |
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The government of Pakistan has allowed sugar export to Iran against electricity import, a media report said on Wednesday.
The decision was taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet, presided over by Finance Minister Ishaq Dar.
The meeting was also informed that the Prime Minister had approved a summary under which the ECC decisions would be considered final and would not require mandatory approval of the federal cabinet as in the past.
The ECC decisions would be dispatched to the cabinet division for information and not approval.
The ECC has approved export of 30,000 tons of wheat to Iran as part of a barter trade agreement with Iran against electricity imports.
The ECC also decided to put a ban on export of live animals with effect from Oct 1, 2013 (just before Eidul Azha) to encourage export of processed meat.
(Source: Dawn)
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