https://sputniknews.in/20231213/india-may-supply-20000-tonnes-sugar-to-kenya-despite-export-ban-5816854.html
India May Supply 20,000 Tonnes of Sugar to Kenya Despite Export Ban
India May Supply 20,000 Tonnes of Sugar to Kenya Despite Export Ban
Sputnik India
The biggest producer of sugar in the world imposed export restrictions on the sweetener in October last year and then extended them in response to a drop in... 13.12.2023, Sputnik India
2023-12-13T19:31+0530
2023-12-13T19:31+0530
2023-12-18T10:36+0530
business & economy
india
kenya
africa
monsoon rains
export-import bank
export embargo
government of india
ministry of external affairs (mea)
indigenous production
https://cdn1.img.sputniknews.in/img/07e7/0b/01/5178875_0:77:2048:1229_1920x0_80_0_0_e608afa639ada01f20577cb984227f7a.jpg
India may permit the sale of 20,000 tonnes of refined sugar to Kenya, one of its strategic allies in Africa, according to media reports. The move comes despite an export ban in place since October 2022.Refineries are allowed to import raw sugar under the scheme and export the refined sugar.India restricted sugar exports in October last year. The country overtook Brazil in the 2021–2022 season to become the world's largest producer and second-largest exporter of sugar. In light of an anticipated drop in production, the export ban was later extended past October 2023.As a result, it has been recommended that the refineries that import raw sugar and export refined sugar under the authorization scheme export the required quantity to Kenya, according to the official statement.El Nino weather conditions in August, which severely disrupt monsoon rains in top-producing states Maharashtra and Karnataka, are to blame for this year's lower agricultural output.In response to a sharp increase in food inflation, the Indian government has tightened export restrictions as the country approaches a pivotal general election in 2024.
https://sputniknews.in/20231101/indias-sugar-output-to-decline-by-8-due-to-low-rainfall-report-5177369.html
india
kenya
africa
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2023
Swapna Nair
https://cdn1.img.sputniknews.in/img/07e7/09/12/4320104_0:0:681:681_100x100_80_0_0_ca8a7d4d582609272840ffdd1cde7278.jpg
Swapna Nair
https://cdn1.img.sputniknews.in/img/07e7/09/12/4320104_0:0:681:681_100x100_80_0_0_ca8a7d4d582609272840ffdd1cde7278.jpg
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Swapna Nair
https://cdn1.img.sputniknews.in/img/07e7/09/12/4320104_0:0:681:681_100x100_80_0_0_ca8a7d4d582609272840ffdd1cde7278.jpg
sweetener's export, india, supply, refined sugar, kenya, strategic allies, africa, advanced authorization scheme, import raw sugar, export refined sugar, brazil, world's largest producer, second-largest exporter of sugar, production, domestic consumption, lower production, refineries, import raw sugar, export refined sugar, kenya, non-basmati white rice, african countries, el nino weather, monsoon rains, maharashtra, karnataka, food inflation, export restrictions, general election
sweetener's export, india, supply, refined sugar, kenya, strategic allies, africa, advanced authorization scheme, import raw sugar, export refined sugar, brazil, world's largest producer, second-largest exporter of sugar, production, domestic consumption, lower production, refineries, import raw sugar, export refined sugar, kenya, non-basmati white rice, african countries, el nino weather, monsoon rains, maharashtra, karnataka, food inflation, export restrictions, general election
India May Supply 20,000 Tonnes of Sugar to Kenya Despite Export Ban
19:31 13.12.2023 (Updated: 10:36 18.12.2023) The biggest producer of sugar in the world imposed export restrictions on the sweetener in October last year and then extended them in response to a drop in production.
India may permit the sale of 20,000 tonnes of refined sugar to Kenya, one of its strategic allies in Africa, according to media reports. The move comes despite an export ban in place since October 2022.
"This will probably be allowed under the advanced authorization scheme," a government official told the local media.
Refineries are allowed to import raw sugar under the scheme and export the refined sugar.
India restricted
sugar exports in October last year. The country overtook Brazil in the 2021–2022 season to become the world's largest producer and second-largest exporter of sugar. In light of an anticipated drop in production, the export ban was later extended past October 2023.
“Although India will have sufficient availability for domestic consumption, there may not be any surplus quantity for exports due to anticipated lower production this year than the previous year," the official stated.
As a result, it has been recommended that the refineries that
import raw sugar and export refined sugar under the authorization scheme export the required quantity to Kenya, according to the official statement.
Kenya traditionally imports 10,376 tonnes of sugar from India on average every fiscal year. Overriding an earlier ban, the government permitted the export of 100,000 tonnes of non-Basmati white rice to Kenya and 140,000 tonnes to four other African countries earlier this month, according to sources in the commerce ministry.
El Nino weather conditions in August, which severely
disrupt monsoon rains in top-producing states Maharashtra and Karnataka, are to blame for this year's lower agricultural output.
In response to a sharp
increase in food inflation, the Indian government has tightened export restrictions as the country approaches a pivotal general election in 2024.
