India next season would be to subsidize the export of 6 million tons of sugar

2019-08-19 12:10:33
Machine translation
India next season would be to subsidize the export of 6 million tons of sugar

next season, which starts in a month and a half, the Indian government will continue to subsidize sugar exports. The Ministry of food requests to allocate subsidies to export 6 million tonnes of sugar between 10.5-11 rupees/kg. That is, the exporters, depending on the kind of purchased products, raw sugar or white sugar will receive 147-154 $/t

 

Despite numerous complaints against India at WTO, Ministry of food requests the government to keep the subsidies at the level 2018/19 Mr. But now surcharges that will receive the sugar factories will have a different name, which will ensure compliance with WTO requirements.

 

unlike the current season, grants will be distributed on such articles: download sugar, transportation to ports, reloading on the ship, sea freight, insurance and handling costs. This season, the subsidies have been granted for processing of sugar cane and transportation of sugar to the nearest port, then Brazil, Australia and Guatemala appealed to the WTO with complaints that India provides subsidies on articles, which have not been agreed in the WTO agreement. Under the agreement between India and the WTO, by 2023, the country can provide subsidies only for processing raw sugar into white sugar, transportation to port, freight, processing and marketing.

 

Recall that in Ukraine in 2019/20 MG sugar production will be reduced in comparison with the previous season by 30% to 1.1-1.2 million tons.

Visitors’ comments (0):