SAO PAULO: Brazil's cane industry association Unica said on Friday it sees no grounds for an investigation by the Chinese government regarding its sugar exports to the Asian country.
Unica said it provided responses to questions from the Chinese government and sees no justification for possible safeguards against Brazilian sugar exports.
"Following our analysis of volumes and values of Brazilian sugar exports to China, we did not see significant increases on volumes that could hurt China's local sugar industry," said Unica in a statement.
The association said it evaluated indicators such as wages and productivity levels in the Chinese sugar industry and did not find a negative impact as a result of imports of the sweetener from Brazil. China launched a probe into sugar imports from all origins last month following complaints by its domestic industry.
The country is evaluating if sugar exporting countries such as Brazil, Thailand and Australia are respecting international trade rules and not using government help to boost shipments. Brazil is the world's largest sugar producer and exporter and Unica is worried about possible safeguards by China, its largest export market.
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