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Pakistan decision to import Indian cotton and sugar put on hold

04/01/2021 | 08:39am EDT

(Corrects lead to say cotton and sugar, not cotton and rice)

ISLAMABAD (Reuters) - Pakistan's cabinet, chaired by Prime Minister Imran Khan, on Thursday put on hold a decision made by the country's top economic decision-making body to allow imports of cotton and sugar from neighbouring India, a source told Reuters.

In an effort to cool local demand and prices, Pakistan's Economic Coordination Committee on Wednesday gave the go-ahead for the imports, which was to have ended nearly two years of trade suspension between the nuclear-armed rivals.

(Corrects lead to say cotton and sugar, not cotton and rice)

(Reporting by Asif Shahzad; Editing by David Goodman)


© Reuters 2021
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