Bangladesh waives import duty on raw sugar
The Bangladeshi government has waived import duty on raw sugar and slashed duty on refined sugar aiming to keep prices of the consumer good stable in the local market during the upcoming holy Ramadan month, expected to begin on the second week of August, an official said Tuesday.
The government may impose import duty on sugar in August as it expects a bumper crop, Union Agriculture Minister Sharad Pawar said here on Saturday.