(Ron Sterk – Food Business News)
Mexico wants a negotiated settlement in the sugar trade dispute with the United States and will take the case to the World Trade Organization if an agreement is not reached, according to a Dow Jones Newswires story quoting Mexican economy minister Ildefonso Guajardo.
Mr. Guajardo said Mexico was aiming for an agreement before the cane harvest begins there, which typically is in late November-early December, and before the U.S. Department of Commerce decides on antidumping duties on Oct. 24, according to the report. Those duties would be in addition to countervailing duties imposed as of Sept. 1 by the D.O.C. on U.S. imports of sugar from Mexico. Read more here.