From the International Sweetener Symposium:
Coeur d’Alene, Idaho—Leaders from the U.S. and European sugar industries today agreed that no new market access commitments for sugar should be included in the Transatlantic Trade and Investment Partnership (T-TIP) trade deal between the United States and the European Union (EU).
“America’s sugar market is already oversupplied with unneeded imports, and we do not export sugar,” Don Phillips, a trade adviser to the American Sugar Alliance, said during the International Sweetener Symposium. “We’ve advised our trade negotiators not to undertake new sugar market access commitments in the T-TIP deal that is negotiated.”
It was a sentiment shared by Marie Christine Ribera, the director general for the Brussels, Belgium-based European Association of Sugar Producers.
“Access to the saturated U.S. sugar market is of little value to European exporters,” she told the group. “And no concessions on sugar and high sugar-containing products should be offered to the U.S. because the EU market is already sufficiently supplied.”
Ribera also expressed concern that T-TIP could provide a loophole for Mexico to ship subsidized sugar into the European market, as it has done to America.
“T-TIP must not be a backdoor for dumped and subsidized Mexican sugar to enter the EU,” she told the group.
Phillips and Ribera also expressed a common interest in tackling the foreign subsidies that are grossly distorting global prices. U.S. and EU sugar producers are among the most efficient in the world, and the two industry leaders said their producers prefer a market that rewards the best businesses instead of the most subsidized.
For more information, visit www.sugaralliance.org
Symposium audio files can be downloaded at www.ASAradio.org