PAKISTAN: Plans to import sugar from Dubai delayed
Published: 03/09/2010, 2:49:04 PM
Pakistan delayed a plan to buy as much as 650,000 metric tonnes of white sugar from the government of Dubai on the basis of deferred payments, according to Bloomberg.
The country will re-examine the proposal in a "couple of months," Finance Secretary Salman Siddique said by telephone from Islamabad, without giving a reason for the delay. Pakistan will continue to invite bids for sugar through the state-run Trading Corp. of Pakistan, he said.