CCEA Approves Continuation of Free Export of Sugar without QRs

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Commerce to continue export of sugar, without any quantitative restriction, in view of the surplus availability of sugar in the domestic market.

There will be no financial outgo on the part of the Government of India on account of this approval. This is expected to give a positive signal to exporters and the international community on the efforts of the Government of India to pursue a stable, long term and consistent export policy regime in the agriculture sector.

[Source: PIB (CCEA) Press Release dated 19^th December 2013]