WASHINGTON—The American Sugar Alliance issued the following statement about today’s announcement that an agreement was reached on the Trans-Pacific Partnership (TPP) trade deal:
“The American Sugar Alliance still needs to review the final language and verify details in the Trans-Pacific Partnership, but we are cautiously optimistic about what we’ve learned from U.S. trade negotiators.
“It is important to farmers and taxpayers alike that TPP not threaten America’s no-cost sugar policy. And, it appears that United States Trade Representative Michael Froman and his team have achieved that goal with their skillful negotiation of provisions appropriate to such a complex market in this 21st Century trade agreement.
“U.S. sugar producers applaud the USTR’s office for its tireless work, its diligent communications with our industry throughout the process, and its understanding of the sensitivities surrounding a global sugar market that has been grossly distorted by foreign subsidies.”