ISLAMABAD: Economic Coordination Committee has approved grant of extension in processing period of export of wheat from 31st August 2017 to 30th October 2017.
ECC meeting was held in Islamabad on Thursday with Prime Minister Shahid Khaqan Abbasi in chair.
The meeting also reviewed the impact of Prime Minister's Export Package towards boosting country's exports.
The meeting noted that Export Package worth 180 billion rupees has contributed significantly towards putting country's exports into growth trajectory.
The prime minister directed that a committee be constituted comprising of representatives of Finance, Commerce division and FBR to undertake a detailed analysis of the impact of Package and also propose changes in scope and coverage of Export Package.
The ECC noted the availability of 2.788 million metric tonnes of sugar in the country and authorized Commerce Ministry to allow export of 0.5 MMT to sugar mills.