IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 07 Dec 2015 | Removal date: 31 Mar 2016
Still in force

Export subsidy

The Economic Coordination Committee also approved a subsidy of Rs. 13 per kg. (~USD 0.124) for the export of the announced quota of 500,000 tonnes. The subsidy is provided as support against incidental and freight and will be shared between the Federal and Provincial governments.

In the export quota of 650,000 tonnes announced in December 2014, the ECC had provided a subsidy of Rs. 10 per kg. (~USD 0.095).

*PKR to USD conversion as on 14 December 2015 - 104.75 PKR/USD.

On 19 January 2016, the ECC notified that the cash support will be provided only to sugar mills that purchase sugarcane at a minimum price of Rs. 180 per 40 kgs.

 

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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