India to export 10k tonnes of sugar to EU

Written by: Super Admin
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New Delhi, Feb 16: The Indian Government has allowed export of 10,000 tonnes of sugar to the European Union (EU).

The DGFT has allocated a quantity of 10,000 tonnes of white or refined sugar for export to the EU for the fiscal 2009-10 through state-run trading firm Indian Sugar Exim Corporation.

This comes at a time when the UPA government is desperately trying to bring down prices of sugar in the domestic market.

Sugar prices in India have been on the rise due to supply shortage. Sugar prices rose by 58.96 per cent in Jan year-on-year.

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