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Iran does not need to import sugar for a year

Business Materials 12 January 2015 16:02 (UTC +04:00)

Baku, Azerbaijan, Jan. 12

By Fatih Karimov - Trend: Iran does not need to import sugar for a year.

Bahman Danaee, Secretary of Iranian Sugar Producers Union, said that considering the volume of stored sugar, there is no need to import sugar for the next year, Iran's IRNA news agency reported on Jan. 12.

It is projected that 650,000 metric tons of sugar beet to be harvested in the current year, which is sufficient for producing sugar to meet demands of the domestic market for a year, he added.

Deputy Head of Imports Commission of Iran's Chamber of Commerce, Industries, Mines and Agriculture Mohammad Reza Safa has said that the Iranian government has banned rice and sugar imports to support domestic producers.

"Iranian producers' production cannot meet domestic demands, and we need to import. But currently there is enough rice and sugar in the market, so we decided to ban imports," he said.

Iran's annual sugar production is around 1.3 million metric tons.

Edited by CN

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