Business Standard

Brazil says Indian sugar export subsidy causes 'serious concerns'

Image

Reuters SAO PAULO

SAO PAULO (Reuters) - Brazil said on Wednesday that Indian sugar export subsidies generate "serious concerns" in government and in the sugar industry, in a moment of oversupply and falling prices for the sweetener.

Brazil's Foreign Ministry said it is still evaluating the impacts of the Indian sugar measures.

(Reporting by Marcelo Teixeira; Editing by Chizu Nomiyama)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 26 2018 | 9:19 PM IST

Explore News