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Business Economy


Sugar import from Pakistan miniscule: Govt

New Delhi, May 16 (UNI) Government on Wednesday clarified that import of sugar from Pakistan in FY 2018-19 was just 1908 metric tonnes (MT) valued at USD 0.657 miliion till April 14 this year, which was much less compared to the 13,110 MT in the previous fiscal.
"Import from Pakistan has been very miniscule as compared to total production in the country and exports from India,” the Ministry of Commerce and Industry in a statement said.
The clarification came after reports surfaced that India has imported 20 lakh tonne of sugar from Pakistan.
The statement said, “We must see this import in the overall context that total annual sugar production of India is about 31.90 million MT in Sugar season 2017-18. Further, India exported 1.75 million MT in 2017-18. During April-May 2018, the total export of sugar has been 240,093 MT.”
The government also said it cannot impose any restriction on sugar imports as India is under WTO obligation of MFN treatment for all WTO member countries including Pakistan.
At present import of sugar is free with a customs duty of 100%. There is no Pakistan specific restriction for any item for imports to India, the government said.
Value-wise, in the year 2016-17, total import of sugar was USD 1,019 million and it declined to USD 934 million in 2017-18. During April-May 2018, the total import of sugar has been USD 37.75 million.
Quantity-wise, in the year 2016-17, total import of sugar was 2.14 million MT and it marginally increased to 2.40 million MT in 2017-18. During April-May 2018, the total import of sugar has been 116,512 MT.
Sugar if imported under Advanced Authorisation is meant for export only and not for domestic sale, the statement further said.
UNI JPG SHK 2050
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