Date: 4 weeks ago   Category: Financial

The Ukrainian sugar quarreled Russia and Kazakhstan


Russia asks the Eurasian economic commission to consider a question of cancellation of preferences of Kazakhstan for import of white sugar. Russia accuses Kazakhstan of violation of norms of the Eurasian Economic Union because of import of sugar to free economic zones. RBC reports about it. Russia asks the Eurasian economic commission to consider a question of cancellation of preferences of Kazakhstan for import of white sugar. It is about depriving the separate Kazakh enterprises of an opportunity in violation of the law of the Eurasian Economic Union (EEU) duty-free to import sugar from Ukraine and Europe to free economic zones under special investment contracts, and then also without duties to supply it to the market of EEU already as a part of confectionery and soft drinks. This issue will be discussed already by prime ministers during the regular meeting of the Eurasian mezhpravsovet on April 30. Sugar belongs to group of "sensitive goods" upon which EEU member countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia) agreed to make decisions within council of the Eurasian economic commission. The Russian Ministry of Agriculture paid attention to a situation in the sugar market of EEU in September, 2017. He suggested to limit import of sugar from Kazakhstan and Belarus. As the Minister of Agriculture Alexander Tkachyov of that time specified, the Russian landowners sustain serious losses (about 70-80 billion rubles a year) because neighbors duty-free import cheap raw sugar from the third countries, and then supply it to the Russian market "at dumping prices". Earlier it was reported that Ukraine reduces supply of sugar. In comparison with last markentingovy year export of the Ukrainian sugar dropped by 10%. The main deliveries were carried out to Azerbaijan (17% in the general structure of export), Uzbekistan (13%), Israel (12%) and Kazakhstan (11%). Let's remind, to results of 2018 Ukraine exported sugar for $217 million, having entered ten the largest suppliers in the world. In 2017-2018 MG Ukraine supplied 560,400 tons of sugar to foreign markets. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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