Pakistan decision to import Indian cotton and sugar put on hold: Report

Stocks

In an effort to cool local demand and prices, Pakistan’s Economic Coordination Committee on Wednesday gave the go-ahead for the imports, which was to have ended nearly two years of trade suspension between the nuclear-armed rivals.

Reuters

April 01, 2021 / 05:41 PM IST

Source: Reuters

Source: Reuters

Pakistan’s cabinet, chaired by Prime Minister Imran Khan, on Thursday put on hold a decision made by the country’s top economic decision-making body to allow imports of cotton and rice from neighbouring India, a source told Reuters.

In an effort to cool local demand and prices, Pakistan’s Economic Coordination Committee on Wednesday gave the go-ahead for the imports, which was to have ended nearly two years of trade suspension between the nuclear-armed rivals.