Pakistan: Pakistan Doubles Sugar Import Tariff

The Government of Pakistan recently increased the sugar import tariff from 20 to 40 percent in an effort to shield its domestic industry from imports as domestic prices rise in response to strong exports between December and May. During that period, Pakistan exported an estimated 470,000 metric tons of sugar at an estimated subsidy cost of $47 million. Pakistan’s sugar export quota is open through July 15 and is currently 650,000 metric tons. 

Pakistan: Pakistan Doubles Sugar Import Tariff