The Russian government has imposed a temporary ban on sugar exports

Published 2024년 5월 6일

Tridge summary

Russia has imposed a temporary ban on the export of cane or beet sugar and chemically pure sucrose to maintain the stability of its domestic food market until August 31, 2024. However, the ban does not apply to supplies to the countries of the Eurasian Economic Union, with specific quantity limits. Exceptions are also made for exports to certain countries including Armenia, Belarus, Kazakhstan, and Kyrgyzstan. Despite the ban, Russian sugar, known for being one of the cheapest in the world, has seen its geographical supply reach more countries including Turkmenistan, Afghanistan, Turkey, North Korea, and Senegal.

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Original content

The message said: "Russia temporarily banned the export of cane or beet sugar and chemically pure sucrose. The government has signed a resolution. The restriction will last until August 31, 2024. This decision is aimed at maintaining the stability of the domestic food market." The resolution stipulates some exceptions, including the supply of sugar to the countries of the Eurasian Economic Union within certain quantity limits. In addition, 28,000 tons of exports to Armenia, 5,000 tons to Belarus, 120,000 tons to Kazakhstan, and 28,500 tons to Kyrgyzstan are allowed. Russian sugar is one of the cheapest in the world, ...

Source: Foodmate