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ECC approves sugar export, wheat procurement, petroleum testing

ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Tuesday approved the further export of 0.2 million metric tons (MMT) of sugar without any subsidy. The committee chaired by Finance Minister Ishaq Dar considered the proposal by Ministry of Commerce, said the export of sugar would be made within sixty days after approval by State Bank of Pakistan or by May 31 whichever is earlier. It was further decided that only those mills will be allowed to export which have cleared outstanding dues to farmers…