ANNOUNCED AS TEMPORARYYes
On 7 December 2015, Pakistan's Economic Coordination Committee approved an export quota of 500,000 metric tons of sugar. The exports are allowed in a phased manner, 200,000 tonnes until 31 December 2015, an additional 150,000 tonnes until 31 January 2016, and the remaining until 31 March 2016.
The conditions state that only mills that have cleared past dues of the farmers and have started sugarcane crushing on a full scale will be permitted to export. Further, the quota will be allotted on a first come first served basis and will require for approval a minimum 15% advance payment or an irrevocable letter of credit from the buyer.
All un-utilized quota from the quantity allowed earlier will stand canceled.
An export quota of 650,000 tonnes was last announced in December 2014 and was valid until 15 July 2015.
A quota of 225,000 tonnes was later announced in December 2016.
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