Hamburg: According to the media reports, the Trading Corporation of Pakistan (TCP), a state trading agency, has issued an international tender to purchase 50,000 tonnes of white sugar.
The TCP has set a deadline for submission of price offers by June 2.
Pakistan is facing a shortage of sugar as the sugarcane output in the country has been lowered this season and has floated an international tender to purchase sugar to meet domestic requirements.
Recently, the National Accountability Bureau (NAB) in Pakistan’s Khyber Pakhtunkhwa province had initiated a probe into a mega sugar export scandal in which sugar mill owners exported less sugar from their allotted quota to Afghanistan and sold it in Pakistan, leading to a huge loss to the national exchequer.
