Sugar manufacturers are warning the government against violating the World Trade Organization’s (WTO) rules for free competition in the sugar trade, following its controversial decision to block a sugar price hike in the domestic market.
Sugar cane farmers demanded a meeting with the commerce minister regarding the move, while smuggling to other countries to sell at higher prices is a possibility, said a sugar factory operator who requested anonymity.
Last week the cabinet approved the regulation of sugar prices to ease consumers’ living costs, following an…
