UKRAINE: No sugar imports for 2013, premier says

Published: 06/08/2012, 3:52:40 PM

Ukraine is not planning to import sugar in 2013, Ukrainian Premier Mykola Azarov said, according to The Kyiv Post.

"We will not use our import quota for the second year in a row. In 2010 we had to import sugar. But we did not import it this year and last year. We are not planning to import in 2013," he said at a meeting with experts to discuss an import replacement program in Kyiv on Friday.

"We have transiting carry-overs. It is good and bad at the same time. As we have to store 100,000 tonnes [of sugar] and we have to spend money on this. [But] from the viewpoint of maintaining price stability, this is beneficial," Azarov said.