The Ministry of Agriculture of Kyrgyzstan plans to extend the exemption from VAT on the import of vegetable oil

The Ministry of Agriculture of Kyrgyzstan plans to extend the VAT exemption period for white sugar and raw cane sugar until September 30, 2021 and vegetable oil until December 31, 2021, Trend reports citing Kabar. According to the press service of the ministry, on August 26, the ministry hosted a meeting of sugar beet producers, representatives of the Kaindy-Kant sugar beet processing plant and white sugar importers with the participation of representatives of the Ministry of Economy and Finance of the Kyrgyz Republic, the State Agency for Antimonopoly Regulation under the MEF of the Kyrgyz Republic ... The meeting discussed the situation on the sugar market in the world market and the dependence of the national sugar market on the existing and expected volumes of sugar production in the main producing countries in the world and in the EAEU. The participants of the meeting noted that for the third season in a row, a decrease in sugar production around the world is predicted due to ...