MANILA, March 13 -- The Philippines is set to export 66,000 metric tons (MT) of raw sugar to the United States during the crop year 2024-2025, according to the Sugar Regulatory Administration (SRA).
This came after the SRA approved the exportation of the said volume under Sugar Order (SO) 5, which was signed Wednesday to fulfill its obligations under the US Raw Sugar Tariff-Rate Quota World Trade Allocation.
"This shall be the 1st Export of Farmers' Share Raw Sugar in fulfillment of the US Sugar Quota Allocation for the Year 2025 in order to participate in future Import Programs," SO 5 reads, marking it as the second straight year to fulfill the farmers' share for raw sugar quota to the US.
The said volume of 2025 US sugar quota alloca...
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