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US Sugar Industry Announces Support for Preliminary Agreement with Mexico

The US sugar industry today announced its support for the "agreement of principles" reached earlier this month to resume imports of Mexican sugar into the US.

Washington, June 15 (EFE) .- The US sugar industry today announced its support for the "agreement of principles" reached earlier this month to resume imports of Mexican sugar To the US.

The American Sugar Alliance, which represents US sugar producers, said it will back the agreement announced on June 6 in Washington by the secretaries of "We had productive talks with Commerce Secretary Wilbur Ross last week, and we believe that He is one hundred percent dedicated to ending the loss of employment and damage caused by Mexico's predatory trade practices, "the organization's spokesman said in a statement, Philip Hayes.

According to Hayes, "for too long" Mexico was allowed to "circumvent" US commercial laws. That all parties involved agree that the new agreement on sugar "is fair."

The dispute dates back to 2014, when US trade authorities concluded a Unfair competition and subsidies on Mexican sugar, and the Committee on International Trade found that these imports were detrimental to producers.

That same year, the US reached a compromise with the Mexican government and producers that allowed the suspension of countervailing duties, but producer protests Americans led the Commerce Department to declare in December 2016 that the pact "might not be working."

As a result, the Mexican authorities announced in March that had temporarily stopped sugar exports to the United States to avoid sanctions and that same month, Ross agreed with Guajardo to resume negotiations to modify The agreement on the issue.

Thanks to this "agreement of principles" reached now, Guajardo explained at the time that "free access" of Mexican sugar to the market will be maintained And said the difference centers on the split between the percentage of refined sugar versus crude over total volume.

Previously, 60% was raw sugar Compared to 40% refined, while it will now be 70% crude and 30% refined.

These talks on sugar have been considered as a prologue to the renegotiation of the treaty NAFTA, which has been in force since 1994 and has been severely criticized by US President Donald Trump, who accuses Mexico of taking advantage of the US market.

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