The first 37.4 thousand tons of imported sugar have been imported into Russia without duty, Rossiyskaya Gazeta writes citing the data of the country's Ministry of Agriculture.
Please be reminded that the duty-free import of sugar into Russia will be in force from May 15 to September 30, 2021. Until then, the import duty on white sugar from countries outside the Eurasian Economic Union was $340 per ton. Up to 350 thousand tons can be imported during this time. The Ministry of Agriculture believes that the measure will not only meet the country's needs for sugar, but also stabilize prices in the domestic market, which jumped up by more than 20% in 2020 due to reduction of beet areas and bad weather.
Made in Russia // Made in Russia
Author: Karina Kamalova