KYIV, Feb 8 - The introduction of restrictions on the export of sugar to the European Union (EU) will have an adverse impact on the sugar industry in Ukraine as a whole and may lead to the closure of several sugar refineries, Acting Board Chairman of the National Association of Sugar Producers of Ukraine (Ukrtsukor) Nazar Mykhailovyn told Interfax-Ukraine.
"This will have a very detrimental effect on domestic sugar producers, since we have an export-oriented industry. We hoped that we would be able to export sugar, thereby preserving and developing our industry. Restrictions, licensing and bans will lead to overproduction in the current season and the closure of refineries," he said.
|