Govt okays 10,000 tn of sugar export to EU

The government today allowed export of 10,000 tonnes of white sugar to the European Union (EU) under preferential quota, as supplies in domestic market have improved.

"Of the free sale portions of the 2005-06 and  2006-07 productions, 3,912 tonnes and 6,088 tonnes respectively have been allocated for export to the EU under preferential quota," a statement issued by the director general of foreign trade, said.

EU gives preferential market access to sugar from India up to a particular quantity.

The government has already allowed export of sugar but releases quotas in tranches as it wants to keep an eye on domestic prices despite improved production and decline in prices.