Mexico to cut share of refined sugar sent to U.S., minister says

Tue Jun 6, 2017 10:45am EDT
 
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MEXICO CITY (Reuters) - Mexico will reduce the proportion of refined sugar it can export to the United States to 30 percent under a new agreement likely to be announced later today, Mexican Economy Minister Ildefonso Guajardo said on Mexican radio on Tuesday.

Currently, the proportion of refined sugar exports from total sugar exports Mexico can send to the United States is 53 percent.

(Reporting by Dave Graham)

 
A worker looks to sacks filled with sugar at Emiliano Zapata sugar mill in Zacatepec de Hidalgo, in Morelos state, Mexico, March 7, 2015. Picture taken on March 7, 2015. REUTERS/Edgard Garrido