IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 24 Dec 2014 | Removal date: 15 Jul 2015
Still in force

Export quota

On 24 December 2014, Pakistan's Economic Coordination Committee increased the sugar export quota from 500,000 tonnes, announced in November 2014, to 650,000 metric tonnes. Also, the validity of the quota has been extended from 31 March 2015 to 31 May 2015.

The exports would be allowed only against an irrevocable letter of credit or contract with 15% non-refundable advance payment. The shipment would have to be made within 45 days of the registration of contract with the State Bank of Pakistan.

On 9 April 2015, the ECC extended the validity of the quota until 15 July 2015, or 45 days from approval, whichever comes earlier.

An export quota of 500,000 tonnes was later announced on 7 December 2015 (see related State Act).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

235 Sugar & molasses
1701 Cane or beet sugar and chemically pure sucrose, in solid form.
170113 Cane sugar specified in Subheading Note 2 to this Chapter
170114 Other cane sugar

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