Nepal: Salt Trading to supply 10 sacks of sugar to retailers

Published 2023년 11월 6일

Tridge summary

In response to the sugar crisis, Salt Trading Corporation will provide retailers with up to 10 sacks of sugar for sale and distribution. Special monitoring teams have been deployed to locate illegally imported sugar, and a high-level monitoring team confiscated illegally sent bags of sugar. The government is taking measures to end the sugar crisis, including conducting daily monitoring, coordinating the availability of sugar from Nepali industries, and imposing a 30 percent customs duty to protect Nepal's sugar industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

KATHMANDU, Nov 6: In response to the recent sugar crisis in the market, Salt Trading Corporation will provide retailers with up to 10 sacks of sugar for sale and distribution. Following the sugar crisis, the Prime Minister's Office coordinated with sugar-producing industries to secure 3,000 metric tons of sugar through Salt Trading. Additionally, special monitoring teams, in cooperation with security agencies, were deployed in all three districts of the Kathmandu Valley to locate illegally imported sugar. A high-level monitoring team, comprising representatives from various agencies, was organized in coordination with the Office of the Prime Minister and the Council of Ministers, and they confiscated numerous bags of sugar that had been illegally sent to various locations in Kathmandu. Although the sugar that Salt Trading buys from industrialists is sold and distributed only through its outlets, for some shops under the retailers association and Food Management and Trading ...

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