Inside U.S. Trade: Mexican sugar chamber threatens cut in HFCS imports over Australian sugar access
August 13, 2015 |11:59 PM
Mexico will likely seek to restrict imports of U.S. high-fructose corn syrup as retaliation if the Obama administration gives Australia a large chunk of Mexico’s share of the U.S. sugar market through the Trans-Pacific Partnership, a top Mexican sugar industry official has warned, according to an Inside U.S. Trade story dated Friday.
Juan Cortina, CEO of Grupo Azucarero Mexico and chair of the Mexican sugar chamber, said in an interview Monday that additional sugar market access for Australia would upset the “delicate balance” of the North American sweetener market, Inside U.S. Trade reported.
In a separate story, Cortina said that Mexico and the United States are discussing the possibility of increased testing of Mexican sugar shipments in order to alleviate U.S. industry fears that exporters are not complying with the restrictions on raw and refined sugar laid out in agreements suspending two trade remedy cases, Inside U.S. Trade said.
Juan Cortina, CEO of Grupo Azucarero Mexico and chair of the Mexican sugar chamber, said in an interview Monday that additional sugar market access for Australia would upset the “delicate balance” of the North American sweetener market, Inside U.S. Trade reported.
In a separate story, Cortina said that Mexico and the United States are discussing the possibility of increased testing of Mexican sugar shipments in order to alleviate U.S. industry fears that exporters are not complying with the restrictions on raw and refined sugar laid out in agreements suspending two trade remedy cases, Inside U.S. Trade said.
