Pakistan extends offer validity in 100,000 ton sugar tender, traders say

A laborer unloads bags of sugar from a delivery truck to a market in Karachi October 15, 2009. (REUTERS/File)
Short Url
Updated 13 October 2025
Follow

Pakistan extends offer validity in 100,000 ton sugar tender, traders say

  • Offers had been submitted on October 6, no purchase has yet been reported 
  • TCP can negotiate for several days in tenders before deciding whether to purchase

HAMBURG: Pakistan has asked for price offers in an international tender to buy up to 100,000 metric tons of sugar to remain valid until Tuesday, October 14 while offers are considered further, European traders said on Monday.

No purchase has yet been reported, traders said. Traders said they believed a purchase in the tender was looking increasingly unlikely.

Offers had been submitted on October 6. The TCP can negotiate for several days in tenders before deciding whether to purchase.

Pakistan’s government has approved plans to import 500,000 tons of sugar to help to maintain price stability after retail sugar prices in the country rose sharply.

TCP held a series of sugar tenders in past weeks with the last purchase of 80,000 tons reported on September 29. 


Pakistan’s top military commander hails Saudi defense pact as ‘historic’ at scholars’ conference

Updated 5 sec ago
Follow

Pakistan’s top military commander hails Saudi defense pact as ‘historic’ at scholars’ conference

  • Asim Munir says Pakistan has a unique bond with the Kingdom, citing the ‘honor’ of helping safeguard the holy sites
  • He says only the state can declare jihad, urging religious scholars to counter extremist narratives and promote unity

ISLAMABAD: Chief of Defense Staff Field Marshal Asim Munir on Wednesday described the country’s joint security pact with Saudi Arabia as a “historic” milestone, telling a gathering of religious scholars that Pakistan and the kingdom share a deep strategic relationship.

Signed in September, the Strategic Mutual Defense Agreement has solidified decades of Saudi–Pakistan defense cooperation, covering intelligence-sharing, counterterrorism and regional stability.

The two nations have long coordinated on defense matters, with Pakistani military personnel deployed in the Kingdom.

“The defense agreement [with Saudi Arabia] is historic,” he said in an address to the conference in the federal capital.

The top military commander said Pakistan regarded its connection with the Kingdom as unique.

“Among all Muslim countries, Allah has given Pakistan the honor of helping safeguard the Haramain,” he continued, referring to the two holiest sites of Islam in Makkah and Madinah.

Munir used his speech to warn against extremism, saying that under the Islamic framework, only the state could declare jihad, a pointed reference to groups such as the Tehreek-e-Taliban Pakistan (TTP), which claims to act in the name of religion while carrying out attacks on civilians and security forces.

“When nations abandon knowledge and the pen, disorder takes hold,” he said, urging the religious scholars to help keep society unified and to “broaden the nation’s vision.”

Munir also criticized India, describing “terrorism” as “India’s habit, not Pakistan’s.”

His remarks came months after a four-day military confrontation in May, during which the two nuclear-armed neighbors exchanged artillery and missile fire and deployed drones and fighter jets.

India blamed Pakistan for a militant attack in Indian-administered Kashmir before launching a missile attack. Islamabad denied involvement and called for an international probe.

Pakistan claimed it had shot down six Indian fighter jets before a US-brokered ceasefire took effect.

“We do not hide when confronting the enemy,” Munir said. “We challenge openly.”