News
12.12.2012
Bisiuk: Ukraine to export 200,000 tons of sugar in current marketing season
The Ukrainian Agricultural Policy and Food Ministry has predicted that Ukraine will export 200,000 tons of sugar in the 2012/2013 marketing season.
Ukrainian Deputy Agricultural Policy and Food Minister Ivan Bisiuk announced this in an interview with Kommersant-Ukraine, UKRINFORM reported.
"The export potential of the industry is projected at 200,000 tons. CIS markets are traditional markets for Ukrainian sugar. However, they are currently closed due to high import duties," he said.
He also said that as part of official negotiations on the creation of a free trade area between Ukraine and the EU the sides had reached an agreement on the introduction of quotas for Ukrainian sugar exports to the EU in the amount of 20,000 tons per year. "These small volumes will not resolve this problem, but they are very important in terms of the development of new markets," Bisiuk said.
He said that the Agricultural Policy and Food Ministry, along with the National Association of Sugar Producers, had prepared a draft law introducing amendments to the law on the state regulation of the production and sale of sugar, which is aimed at resolving problems in the industry. The issue concerns, in particular, the cancelation of minimum prices for sugar, the protection of the domestic market and domestic producers, as well as supplies to the domestic market of sugar produced from raw sugar that was imported to Ukraine under WTO quotas, and the sale of sugar produced above the A quota.
