The governor of Sao Paulo said on Monday at an industry conference that less protection of sugar would guarantee better access and lower prices for consumers. “Sugar is the most protected product in the market, the reduction of tax and non-tax barriers would guarantee better access,” Joao Doria said in his opening remarks at a three-day industry meet in Dubai.
Brazil has taken the case to the World Trade Organisation as Chinese authorities unilaterally decided to cut down their demand of sugar in a move to protect domestic production.