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The Confederation of Sugar Producers' Association Inc.- Negros-Panay
Chapter commended the move of Sugar Regulatory Administration James
Ledesma to oppose plans of direct and duty-free sugar importation.
The position of SRA will definitely protect the local sugar
industry particularly during this milling season and with ample
sugar supply in the market, CONFED chairman Luis Tongoy said.
Beverage companies, particularly Alfredo Yao of Asiawide Refreshments
Corp., earlier called on the national government to allow them to
directly import sugar at the time when sugar prices were high affecting
their production costs.
Instead, they urged Asiaworld Resources and other industrial
users to buy directly from planters association/cooperatives to
ensure the availability of sugar for their manufacturing operations.
Asiaworld Resources previously mentioned that they procure sugar
from traders that dictate prices to them.
The CONFED officials said that the current levels of domestic
sugar prices are truly market-driven and not manipulated, as the
NBI/SRA/DTI task force did not find any evidence of sugar hoarding.
Ledesma acknowledged that while the government cannot stop
anyone from importing, "we will ensure that they pay the corresponding
tariffs," adding that at this level, "it will not be viable for
anyone to import sugar."
CONFED opposed the request of Yao as detrimental to the sugar
industry and its more than five million stakeholders, particularly
the industry's 80 percent small sugar planters.
"The industry together with the SRA administrator stands strong
that to import today is very impractical as domestic supply is at
its peak and bringing in of world sugar will entail great loss of
importers," Tongoy said.
He stressed that "such importation must only be allowed into the
country if they pay the corresponding levies and import duties."*RLE
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