Kazakhstan Sugar insights

Against the backdrop of a sugar deficit on the domestic market, Kazakhstan has increased exports of this product this year. These are the conclusions reached by analysts at Energyprom.kz.

The Minister of Trade and Integration of the Republic of Kazakhstan, Arman Shakkaliyev, announced a possible ban on the import of Russian sugar into Kazakhstan by road, reports a correspondent for the Kazinform agency.

At the press conference, a reporter asked the Ministry of Agriculture about its attitude towards the proposal to ban Russian sugar from entering Kazakhstan by road. Kazakhstan currently has four sugar factories, only one of which specializes in processing sugarcane. At present, we are working hard to promote the development of the domestic sugar industry and have issued a comprehensive plan. However, due to various factors, the price of sugar produced in Russia is lower than that of sugar produced locally in Kazakhstan. Considering the price advantage of imported sugar, the Ministry of Agriculture is evaluating this issue in order to create a fair and reasonable price environment for manufacturers that use domestic sugar beet raw materials to produce sugar. Taszhulekov pointed out. He further stated that this issue will be discussed at the inter-departmental committee. We are currently dealing with this issue and are preparing to submit relevant information and proposals to the inter-departmental committee. If the proposal is supported by all members of the committee, a corresponding decision will be made. Taszhulekov said.