Pakistan, Aug. 23 -- Govt to export surplus sugar stock imported last year through the Trading Corporation of Pakistan as authorities seek to manage excess supplies. The government had imported 300,000 metric tonnes to control domestic prices, but the stock remained difficult to sell.

Authorities waived all taxes and duties on the imported sugar, yet it remained more expensive than locally available supplies. Sugar mills initially refused to purchase the stock, while later efforts to sell it through closed mill portals also failed.

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The imported sugar was also described as expensive and substandard, further limiting demand in the domestic market. As a result,...