date:Aug 06, 2015
Australia is seeking a guaranteed slice of any growth in demand in the U.S. sugar market in talks with Washington on the Trans-Pacific Partnership (TPP) trade pact, a source with knowledge of the Australian position said.
Australia, the worlds third-largest exporter of raw sugar, has rejected a U.S. offer to permit 152,000 tonnes of imports per year, or 62,000 tonnes more than typical annual sales, according to data from Australias commodity forecaster.
The U.S. offer was well below Australias