Wednesday, February 23, 2011

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SUGAR: New measures adopted to limit exports to a

Done: Decision of the Ministry of Foreign Trade.

Analysis: Aiming to secure supplies of the local market and limit exports, the Moroccan government has adopted new measures concerning the submission, first time, exports of sugar to a prior authorization for imposed subsequently, exporters surrendering the subsidy for sugar in favor of the compensation fund. Both

decisions designed to regulate the export transaction in sugar after the Government has satisfied itself as part of its ongoing monitoring of the supply situation of the domestic market for food, that significant quantities of refined sugar in Morocco exported abroad.

Conclusion: Both measures aim to regulate the operation of export sugar to avoid subsidizing sugar sales are not for Moroccan consumers.
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