16 Russian organizations secure right to export sugar to EAEU countries

MOSCOW. May 22 (Interfax) - Russia's Agriculture Ministry has distributed quotas to export a total of 181,500 tonnes of sugar to Eurasian Economic Union (EAEU) countries to 16 organizations, the ministry reported.

Russia has imposed a temporary ban on sugar exports from the beginning of May to August 31, 2024. This measure is intended to support the stability of the domestic food market, the ministry said.

However, the government is allowing a total of 181,500 tonnes of sugar to be exported to other EAEU countries, including 28,000 tonnes to Armenia, 5,000 tonnes to Belarus, 120,000 tonnes to Kazakhstan and 28,500 tonnes to Kyrgyzstan.

Under the ministry's order, the largest quota, 77,100 tonnes, was awarded to leading Russian sugar producer Prodimex. SDS LLC and Rusagro Group can export more than 21,000 tonnes and 19,600 tonnes, respectively.