Home > Term: sugar re-export programs
sugar re-export programs
Administered by USDA, program regulations allow cane refiners and food manufacturers, subject to certain conditions, to import sugar exempt from tariff-rate quota provisions that apply to sugar imported for consumption in the U.S. market. Cane refiners process the imported sugar into refined sugar for re-export, or for transfer to food manufacturers for use in sugar-containing products for export. These programs were designed in the early 1980s to utilize excess cane refining capacity and to make U.S. refined sugar and sugar-containing products more competitive on the world market by allowing participating companies to have access to lower world-priced sugar.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
0
Δημιουργός
- AjayOwor
- 100% positive feedback