JAKARTA, Jan 04, 2008 (AsiaPulse via COMTEX) -- Indonesia's government plans to issue a license for the import of 200,000 tons of sugar this year to strengthen buffer stock, an official said.
The stock will be enough if the harvest takes place as expected, said Trade Minister Mari Elka Pangestu.
Ms Pangestu said as of December, 2007 stocks totalled 1 million tons, enough to cover consumption for 5 months.
Earlier, the Indonesian Sugar Council (DGI) recommended not importing sugar this year, but Ms Pangestu said imports are needed to secure stock in the event of a delay in harvest.
In 2007, the trade ministry issued a license for the import of 250,000 tons of sugar.
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