Tridge summary
The Russian government has imposed a temporary ban on the export of cane or beet sugar and chemically pure sucrose, valid until August 31, 2024. This measure is designed to stabilize the domestic food market. However, there are exceptions for exports to the countries of the Eurasian Economic Union, with specific volume limits for each country. The Ministry of Agriculture will oversee the distribution of these limits for international trade activities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Russian government has introduced a temporary ban on the export of cane or beet sugar and chemically pure sucrose. A decree on this has been signed, according to the Telegram channel of the Cabinet of Ministers. “The restriction will be in force until August 31, 2024. The decision is aimed at maintaining the stability of the domestic food market,” the message says. The resolution provides for a number of exceptions. Thus, sugar supplies will be possible to the countries of the Eurasian Economic Union in certain volumes. In particular, it is allowed to export 28 thousand tons to Armenia, 5 thousand tons to Belarus, 120 thousand tons to Kazakhstan, and 28.5 thousand tons to Kyrgyzstan. The Ministry of Agriculture has been entrusted with distributing these volumes among participants in ...
Source: Kvedomosti
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