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Minister briefed about benefits of
international sugar body
ISLAMABAD (March 31 2004): Pakistan, being a new
member of the London-based International Sugar
Organisation (ISO), can benefit from the
experiences of the organisation in various fields
of sugar production.
This was stated by ISO executive-director Dr Peter
Baron who called on Commerce Minister Humayun
Akhtar Khan here on Tuesday.
Dr Peter also informed that the ISO will consider
requests from Pakistan for conducting studies on
any subject relating to sugar industry in Pakistan
from ISO resources or from Common Fund for
Commodities.
Humayun Akhtar welcomed Dr Peter on his first
visit to Pakistan after Pakistan became member of
the organisation in 2002.
Dr Peter Baron informed the minister that the ISO
is the inter-government body established under the
auspices of United Nations Commission on Trade and
Development (Unctad) and its vision is to be the
"first best" provider of comprehensive information
to the global sugar community.
ISO also provides its members high quality market
analysis, economic research and statistics that
satisfy their needs. It also helps in furthering
debate and deliberation on all matters impacting
global sugar community.
The meeting was of the view that sugar industry in
Pakistan can become competitive through increase
in per acre production of sugarcane, improvement
in the working of sugar mills for higher recovery
and diversification of sugar industry for various
uses like production of ethanol, electrical
energy, bio-gas and pharmaceutical products.
Dr Peter invited the minister to attend
international sugar council meeting in Santo
Domingo, Dominican Republic, in the last week of
April.
The commerce minister informed Dr Peter that
Pakistan will benefit from offers of the ISO.
The meeting was also attended by Pakistan Sugar
Mills Association chairmen Iskandar Khan.
Courtesy Business Recorder |
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Pakissan.com; Advisory Point
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