Earlier, Ministers Tariq Basheer Cheema and Miftah Ismail had turned down export demand
Exports and remittances are falling and the external financing needs are the highest ever
Export stopped to maintain prices of the sweetener in domestic market
Okays moving of summary to ECC to prevent the remaining quota of sweetener from leaving country
State Bank imposed the fine despite the shipping process having completed on time
ECC relaxes condition that prevented bank defaulters from sugar shipments
Information minister claims support will end deadlock between growers, millers
Say they will not be able to pay cane growers in the absence of exports
Shipments lead to artificial shortage, price rise in domestic market
ECC brushes aside ministry’s proposal, allows export of a higher quantity