Indonesia to import 1.5 million tons of sugar in first half

The government has decided to allow imports of 1.5 million tons of raw sugar to meet domestic demand in the first half of the year.

Trade Minister Enggartiasto Lukita said 11 companies had been appointed to import the commodity, adding that it was not yet known when the sugar would arrive in Indonesia.

He said his ministry would change the distribution of sugar to prevent oversupplies in the market.

Enggar said one of the requirements for firms to import raw sugar was to demonstrate a commitment to develop sugarcane plantations.

The regulation to develop sugarcane had existed for a long time, and the government would monitor the commitment of each company, he added.

“The government will always remind the companies to show their commitment. If they fail to meet their commitment, we will not allow them to import raw sugar,” said the minister.