U.S. sugar industry reaffirms support of WTO. (News Briefs).
In testimony before a Senate Foreign Relations Foreign relations may refer to:
see catha edulis. ) or the Free Trade Area of the Americas The Free Trade Area of the Americas (FTAA) (Spanish: Área de Libre Comercio de las Américas (ALCA), French: Zone de libre-échange des Amériques (ZLÉA), Portuguese: Área de Livre Comércio das Américas (FTAA FTAA Free Trade Area of the Americas
FTAA Free Trade Agreement of the Americas
FTAA Florida Turkish American Association
FTAA Federated Tanners Association of Australia
FTAA Fixed Threshold Adaptation Algorithm ) would "spell disaster for all sugar producers in the Western Hemisphere -- except the subsidized producers of Brazil."
He said concessions on access for sugar from CAFTA or FTAA countries would have disastrous effects not only on domestic producers but for our foreign suppliers, as well, if the American market is destroyed. The U.S. imports sugar from 41 different countries, paying the foreign farmers the same prices that American farmers get for their sugar. Sugar exports from all FTAA countries are more than 15 million tons a year, 50 percent higher than the United States total consumption.