Business news from Ukraine

UKRAINE USES 62% OF DUTY-FREE SUGAR EXPORTS QUOTA TO EU IN ONE AND HALF MONTHS

19 February , 2016  

KYIV. Feb 19 (Interfax-Ukraine) – Ukraine in one month and a half of 2015 used the duty-free sugar exports quota to the European Union (EU) by 62%.

According to a posting on the Ukrtsukor association, as of February 16, 12,400 tonnes of sugar was exported from Ukraine to the EU with the annual quota of 20,070 tonnes.

As reported, the Cabinet of Ministers of Ukraine increased bottom prices of beet sugar by 40.7% for the 2016/17 agricultural year, to UAH 9,078.87 per tonne (VAT not included).