Russia plans to export more sugar to Kazakhstan

Astana: Russia plans to increase its sugar export quota to Kazakhstan by 100,000 tonnes, according to the Kazakh government’s press service.

This decision came after a meeting on May 17 between Kazakh Deputy Prime Minister Serik Zhumangarin and Russian Deputy Prime Minister Alexei Overchuk in Kazan.

On May 3, Russia announced a ban on sugar exports until August 31, 2024, with a special allowance of 120,000 tonnes for Kazakhstan.

Although Kazakhstan has enough sugar reserves, they asked for an extra 100,000 tonnes to prepare for the high summer demand. Russia has given preliminary approval for this request.

The Eurasian Economic Commission (EEC) Council will discuss this proposal on May 29.


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