Russia's agriculture ministry has simplified procedures for obtaining permits for white sugar imports after a jump in domestic demand, it said in a statement on Thursday, reports Reuters.
Many Russians have rushed to buy sugar and other staples after Western sanctions imposed on Russia for what Moscow calls "a special military operation" in Ukraine sent food prices higher in March. The authorities have repeatedly told people there is no need to stockpile food products.
The agriculture ministry will require fewer documents from companies willing to import white sugar to Russia, it said on Thursday.
Russia has banned sugar exports until Aug. 31 and set a duty-free quota for imports of 300,000 tonnes of sugar and raw sugar as part of measures it hopes will ease domestic food inflation.
Those measures, along with a planned increase in the country's 2022 sugar beet sowing area to 1.1 million hectares, will increase domestic supply, officials said this month.
A vessel with 44,000 tonnes of raw sugar has already arrived in Russia as part of the duty-free quota and the product will be delivered to refineries soon, the agriculture ministry said on Thursday.
Russia simplifies sugar import permit process
FE Team | Published: March 24, 2022 21:54:47
Russia simplifies sugar import permit process
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