The Sugar Regulatory Administration (SRA) in the Philippines has increased import clearance fees for High Fructose Corn Syrup (HFCS) to P30 per equivalent bag of sugar, aiming to reduce the consumption of artificial sweeteners. This decision follows concerns raised by sugar producers about the impact of HFCS on domestic sugar demand.
The Sugar Regulatory Administration recently increased import clearance fees for High Fructose Corn Syrup to P30 per equivalent bag of sugar to curb the use of artificial sweeteners . Originally in early 2017, SRA charged companies that import HFCS 30/bag but, this was lowered a month later to 1.50/bag, and is suspected to partly cause demand for domestic sugar to stagnate in the past few years.
Furthermore, another SO is being drafted based on the August 6 meeting between Laurel and other sugar stakeholders, millers, refiners, and farmers, where UNIFED raised the alarm on the entry of 'other sugars' or Tariff code HS1702. 'This entails requiring importers of items under HS1702 to secure an import clearance from SRA and this has been under board discussion since August,' Azcona said.
Philippines Sugar HFCS Artificial Sweeteners Import Fees
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