Indonesia to import 1.5 million tons of sugar in first half

sugar-cane-wallpaper-4-1024x640.jpg

The government has decided to allow imports of 1.5 million tons of raw sugar to meet domestic demand in the first half of the year.

Trade Minister Enggartiasto Lukita said 11 companies had been appointed to import the commodity, adding that it was not yet known when the sugar would arrive in Indonesia.

He said his ministry would change the distribution of sugar to prevent oversupplies in the market.

Enggar said one of the requirements for firms to import raw sugar was to demonstrate a commitment to develop sugarcane plantations.

The regulation to develop sugarcane had existed for a long time, and the government would monitor the commitment of each company, he added.

“The government will always remind the companies to show their commitment. If they fail to meet their commitment, we will not allow them to import raw sugar,” said the minister.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X