The government of Russia introduced a temporary ban on sugar exports

Published 2024년 5월 3일

Tridge summary

The Russian Cabinet of Ministers has imposed a ban on the export of sugar to protect the stability of the domestic food market. However, this ban will not affect the Eurasian Economic Union (EAEU) countries, including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. These countries will be allowed to import limited quantities of Russian sugar, with quotas set at 28 thousand tons for Armenia, 5 thousand tons for Belarus, 120 thousand tons for Kazakhstan, and 28.5 thousand tons for Kyrgyzstan. The Ministry of Agriculture will oversee the distribution of these quotas for international trade transactions.

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Original content

The Cabinet of Ministers explains this decision with the desire to maintain the stability of the domestic food market. The ban will not apply to the EAEU countries, but they will be able to receive Russian sugar in limited quantities. Namely: Armenia - 28 thousand tons, Belarus - 5 thousand tons, Kazakhstan - 120 thousand tons and Kyrgyzstan - 28.5 thousand ...

Source: RG