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    Home > Food News > Sweetener News > Kazakhstan's finance ministry says it will restart preferential policies for imported sugar

    Kazakhstan's finance ministry says it will restart preferential policies for imported sugar

    • Last Update: 2021-01-17
    • Source: Internet
    • Author: User
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    The Interfax news agency Noor Sultan said on April 22nd that Kazakhstan's first deputy prime minister and finance minister, Smaylov, had recently been forced to restart preferential policies due to a sharp increase in sugar prices (up 20-25%) by Russian suppliers.
    these preferential policies will be maintained until the end of 2019 so that domestic enterprises can find other sources of raw materials.
    , Kazakhstan imports 95 percent of sugar from countries in the Eurasian Economic Union.
    russian sugar suppliers will provide kazakhstan with market-priced sugar under a preliminary agreement reached last year.
    this end, Kazakhstan cancelled the preferential policy on the import of sugar from third countries.
    recent sharp rise in sugar prices, Ha candy factories and related food enterprises suffered large losses.
    , Russian First Deputy Prime Minister and Finance Minister Syruanov asked the Eurasian Economic Commission to consider the issue of preferential policies for the import of sugar from Kazakhstan.
    (Embassy business office in Kazakhstan)
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