New Delhi: The Islamabad government on Wednesday allowed its private sectors to import white sugar from India, Sources said. Trade relations between India and Pakistan disrupted at the top level in the last few years.
Further sources said that “on Wednesday, a top Pakistani economic body allowed the private sector to import 0.5 million tonnes of white sugar from India,”
Pakistani buyers have already started making inquiries about buying Indian sugar and cotton, which is being offered at lower prices than supplies from other countries, five dealers told sources.
India is the world’s largest producer of cotton and the second-biggest sugar producer. India’s cotton and sugar export to Pakistan will help the Islamabad government maintain the price of sugar ahead of Ramadan.
Pakistan Prime Minister Imran Khan earlier wrote to his counterpart Narendra Modi underlining the primacy of the Kashmir issue for Pakistan and calling for the creation of an enabling environment for “result-oriented dialogue” with India.
Imran Khan Government had shut all trade relations with India after the central government of India had revoked the special status of Jammu and Kashmir on August 5, 2019.
In last month, India’s Director General of Military Operations (DGMO), lieutenant Gen Paramjit Singh Sangha, and his Pakistani counterpart Major General Nauman Zakaria held a telephonic to develop peace at the LoC border.
The Indian and Pakistani Army in February said that “Both sides agreed for strict observance of all agreements, understandings and cease firing along the Line of Control and all other sectors with effect from midnight 24/25 Feb 2021.”
-Vinayak