September 26, 2018 / 3:49 PM / 2 months ago

Brazil says Indian sugar export subsidy causes 'serious concerns'

SAO PAULO, Sept 26 (Reuters) - Brazil said on Wednesday that Indian sugar export subsidies generate “serious concerns” in government and in the sugar industry, in a moment of oversupply and falling prices for the sweetener.

Brazil’s Foreign Ministry said it is still evaluating the impacts of the Indian sugar measures. (Reporting by Marcelo Teixeira Editing by Chizu Nomiyama)

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