A push for ac­tion on dump­ing

Central and North Rural Weekly - - CRUSH REPORTS -

WITH the world sugar price now well below the cost of pro­duc­tion in Aus­tralia, Queens­land sug­ar­cane farm­ers are urg­ing an es­ca­la­tion of gov­ern­ment pres­sure on coun­tries dump­ing sub­sidised prod­uct on the world mar­ket.

“With the ap­point­ment of Se­na­tor Si­mon Birm­ing­ham as Trade Min­is­ter, we will be seek­ing to make sure he fully un­der­stands the im­por­tance of this is­sue to our in­dus­try,” Cane­grow­ers CEO Dan Gal­li­gan said.

“The world raw sugar price has fallen to a 10-year low re­cently be­cause there is a sur­plus on the world mar­ket and that sur­plus is big­ger than it should be.

“At the cur­rent lev­els, the Aus­tralian sugar in­dus­try is fac­ing mas­sive losses in the vicin­ity of $500 mil­lion this year.

“But we can­not com­pete against sub­si­dies pro­vided by other gov­ern­ments, which may in fact breach World Trade Or­gan­i­sa­tion rules.

“Cane­grow­ers is urg­ing the Aus­tralian Gov­ern­ment to take all steps avail­able, to open a di­a­logue about this sit­u­a­tion with India and Pak­istan and, if nec­es­sary, ini­ti­ate for­mal ac­tion in the WTO to have the trade-dis­tort­ing sub­si­dies re­moved.”

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