India will export approximately 1 million tons of white sugar before the end of February

Bloomberg news that recently came from India's Ministry of Food said that in accordance with India's regulations on feed processing and re-export, the government will export 962 thousand tons of white sugar before the end of February next year, of which 25% must be Exports will be carried out before the end of November this year to fulfill the re-export pledges for the period 2004-2008. The remainder will be exported between December 1 and the end of February next year.

According to the current policy of India, as long as the sugar factory promises to re-export the same quantity of white sugar within the prescribed time limit, it can be exempted from import tariffs when importing raw sugar.

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