20 May 2024 13:49

Russia to raise sugar export quota for Kazakhstan by 100,000 tonnes

ASTANA. May 20 (Interfax) - Russia plans to increase its quota to export sugar to Kazakhstan by 100,000 tonnes, the Kazakh government's press service said.

The agreement was reached during a meeting on May 17 between Kazakh Deputy Prime Minister Serik Zhumangarin and Russian Deputy Prime Minister Alexei Overchuk in Kazan.

Russia on May 3 imposed a ban on sugar exports until August 31, 2024, with an exception for 120,000 tonnes allocated to Kazakhstan.

"Despite sufficient reserves, Kazakhstan requested an increase in the sugar supply quota by another 100,000 tonnes ahead of the peak summer consumption season. Preliminary consent has been received," the press office said.

EEC Council will look at this proposal on May 29.