BR100 Decreased By (-1.08%)
BR30 Decreased By (-1.33%)
KSE100 Decreased By (-0.64%)
KSE30 Decreased By (-0.81%)
BECO 5.32 Decreased By ▼ -0.11 (-2.03%)
BML 55.27 Decreased By ▼ -0.42 (-0.75%)
BOP 35.00 Decreased By ▼ -0.38 (-1.07%)
CNERGY 8.16 Decreased By ▼ -0.04 (-0.49%)
DCL 11.40 Decreased By ▼ -0.15 (-1.3%)
FCCL 57.51 Decreased By ▼ -0.85 (-1.46%)
FCSC 5.00 Decreased By ▼ -0.12 (-2.34%)
FFL 17.66 Decreased By ▼ -0.18 (-1.01%)
FNEL 1.23 Decreased By ▼ -0.02 (-1.6%)
HUMNL 10.90 Decreased By ▼ -0.17 (-1.54%)
KEL 8.56 Decreased By ▼ -0.19 (-2.17%)
KOSM 6.47 Decreased By ▼ -0.22 (-3.29%)
MLCF 106.59 Decreased By ▼ -0.56 (-0.52%)
NBP 199.00 Decreased By ▼ -2.73 (-1.35%)
PACE 11.06 Decreased By ▼ -0.24 (-2.12%)
PAEL 44.95 Increased By ▲ 0.46 (1.03%)
PIAHCLA 28.37 Decreased By ▼ -1.04 (-3.54%)
PIBTL 18.28 Decreased By ▼ -0.36 (-1.93%)
PPL 243.50 Decreased By ▼ -4.48 (-1.81%)
PRL 34.91 Decreased By ▼ -0.38 (-1.08%)
PTC 65.25 Decreased By ▼ -0.89 (-1.35%)
SEARL 94.00 Decreased By ▼ -1.49 (-1.56%)
SSGC 30.75 Decreased By ▼ -1.29 (-4.03%)
TELE 8.69 Decreased By ▼ -0.18 (-2.03%)
THCCL 64.86 Decreased By ▼ -1.75 (-2.63%)
TPLP 10.22 Decreased By ▼ -0.35 (-3.31%)
TREET 25.04 Decreased By ▼ -0.26 (-1.03%)
TRG 63.15 Decreased By ▼ -1.25 (-1.94%)
WAVES 10.64 Decreased By ▼ -0.26 (-2.39%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
Business & Finance

Russia may remove sugar import tax, extend some fixed retail prices

  • Russia, one of the world's largest wheat exporters, has imposed several grain export taxes and a series of other measures since December as it seeks to stabilise domestic food inflation.
Published March 22, 2021 Updated March 23, 2021
By

MOSCOW: Russia may remove its tax for imports of up to 350,000 tonnes of white sugar between May 15 and Aug. 31, the government said in a statement on Monday.

Russia, one of the world's largest wheat exporters, has imposed several grain export taxes and a series of other measures since December as it seeks to stabilise domestic food inflation.

As part of these measures, Russian sugar and sunflower oil producers agreed price reductions for their products with retail chains until the end of March.

The government will discuss an extension of these agreements with producers, Monday's statement said.

The ones for sugar may be extended until June and for sunflower oil until October.

Comments

Comments are closed for this article.