Maldives: No disruptions in sugar supply, assures State Trading Organization
The Maldives’ State Trading Organization (STO) confirmed that sugar imports from India remain uninterrupted, despite reports alleging misuse of sugar exports meant for the Maldives being diverted to Sri Lanka. The Directorate-General of Foreign Trade (DGFT) is investigating these claims. STO reassured that the sugar supply to the Maldives will not face disruptions.
The Maldives’ State Trading Organization (STO) confirmed on Sunday that sugar import from India has not been cut, and added there will be no disruptions to supply.
In a statement to Sun Online, STO clarified that India’s sugar imports to the Maldives has not stopped.
This confirmation comes after BusinessLine reported that some Indian exporters had allegedly misused a portion of the 64,494.33 tonnes of sugar allocated by the Indian government to the Maldives under a bilateral agreement between the two countries. The Directorate-General of Foreign Trade (DGFT) has launched a probe into sugar exports from India to the Maldives under the bilateral treaty, which are allegedly being diverted to Sri Lanka. The media report also cited sources stating that sugar exports to the Maldives had come to a halt.
However, an STO official reassured the public that there would be no issues in managing the sugar supply, stating, “We will not face any difficulties that would hinder managing the sugar supply.”
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Source Link : Chinimandi
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