US Congressmen want law against sugar subsidies, say countries like India give billions of dollars to support its inefficient sector

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Brazil provides direct and indirect subsidies of at least $ 2.5 billion/year and India at least $ 1.7 billion/year to support its inefficient sugar industry; Thailand has more than tripled its sugar exports since 2004 with $ 1.3 billion/year in subsidies and government price-fixing, said the two US lawmakers in the House of Representatives.

from Agriculture-Economy-News-Economic Times https://ift.tt/yrh3TtA

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