Islamabad:
Pakistan’s Trade Corporation (TCP) has released another major tender to import a million metric tonnes of sugar and by July 31, the successful bidder will have to give 5 % guarantee to import Chinese, while importing white sugar from Israel and India will be completely banned.
According to Pakistan’s Trading Corporation, TCP has released a second international tender of one million metric tonnes of white sugar, at least 25,000 bids with white sugar and 25,000 tonnes with white sugar and 50 kg new bags and sugar will be allowed from August 21 to September 5 and all the cars will reach 30 September.
The statement said that two shipments of 25,000 metric tonnes or 50,000 metric tonnes of shipments will be allowed to be imported.
According to TCP, by July 31, the successful bidder will have to give 5 % guarantee to import Chinese, and the imports of white sugar from Israel and India will be completely banned.
The notification stated that the delay in Chinese shipment will be fined $ 0.25 per metric tonne per day and TCP will be responsible for the credit of credit to import sugar.
It has been further stated that the import of white sugar will be according to PSQCA.