` Sanctions take their Toll as `Ukraine’ has Stopped `Supplying Sugar’ to the Crimea and Central Asia ‘

#AceFinanceNews – KIEV – April 03 – Ukraine has stopped supplying sugar to Crimea, Nikolay Yarchuk, the head of Ukraine’s national association of sugar producers, Ukrsakhar, told journalists on Thursday.

The country has “lost the Crimean market,” estimated at about 100,000 tonnes of sugar, Yarchuk said.

He noted that Ukraine also suspended sugar export to Central Asian countries over some difficulties with transportation through Russian territory.

“We have stopped exporting sugar to Central Asia as the transit of our goods through Russia was suspended,” Yarchuk said.

According to Ukrsakhar’s data, Ukraine exported about 140,000 tonnes of sugar from September 2012 to August 2013.


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