Ukrainian government said it had agreed with producers and associations of confectioners on the price of sugar

Published 2021년 7월 13일

Tridge summary

Ukrainian ministries have reached an agreement with sugar producers and confectioners' associations on the price of sugar after parliament rejected a proposal to expand sugar import quota. The head of the parliamentary committee on finance, tax and customs policy, Danilo Hetmantsev, stated that the government should interfere less in pricing and questioned a potential price hike conspiracy. The Antimonopoly Committee will look into the situation, following concerns raised by Ukrainian food producers about the highest sugar prices in Europe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The relevant ministries have reached some agreement with sugar producers and confectioners' associations on the price of this food product. This was announced by the head of the parliamentary committee on finance, tax and customs policy Danilo Hetmantsev, reports Interfax. "People's deputies proposed a decision to expand the quota for sugar imports, which was not supported by the committee, given the rather neutral position of both the Ministry of Agrarian Policy and the Ministry of Economy. Given that the state should intervene as little as possible in pricing and that we do not have full confidence that such intervention is necessary, MPs did not support this decision and did not recommend this bill. I have information that the ministries are currently working with sugar producers and confectioners' associations that are consumers of this product, and they have reached a certain agreement on the price, "Hetmantsev said. He noted that in fact for several weeks the price of sugar ...
Source: Agropolit

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