...

Sugar raw materials freed from custom fares

Business Materials 6 April 2006 17:16 (UTC +04:00)

In order to boost the construction of sugar producing factories capable to produce 120,000 tons of sugar monthly and capable to provide the population `s needs for sugar, the government has issued a decree reliving the sugar raw materials imports from

all custom fares. The sugar cane imports will not be fared at the customs from this April, whereas previously they were fared on 15% rate, the government told Trend.

The given decision also has an aim to support the recently build in Imishli sugar factory, with annual might of 1825,000 tons. The benefits of this sort are usually introduced for 1-2 year period to assist the industry.

Other countries (Russia and Ukraine) are importing sugar raw materials from Cuba and Brazil.

Latest

Latest