CMT to Host Discussion on NAFTA 2008 Impact on Sugar/Sweetener Trade

Share Article

With the approach of full implementation of the North American Free Trade Agreement (NAFTA) on January 1, 2008, sugar production and trade for the U.S. and Mexico will be the focus of CMT's program at 2nd Americas SugarTrade & Ethanol 2007. Under the terms of NAFTA, all barriers in sugar and sweetener business are supposed to be eliminated. CMT, brings together the most influential speakers in the sugar industry to discuss a multibillion-dollar business.

With the approach of full implementation of the North American Free Trade Agreement (NAFTA) on January 1, 2008, sugar production and trade for the U.S. and Mexico will be the focus of CMT's program at 2nd Americas SugarTrade & Ethanol 2007. Under the terms of NAFTA, all barriers in sugar and sweetener business are supposed to be eliminated. CMT, a global business forum organizer, brings together the most influential speakers in the sugar industry to discuss a multibillion-dollar business. Leading the discussion is Frank Jenkins, President of Jenkins Sugar Group, Inc who will speak on NAFTA 2008 & Impact Of Market Integration On Sugar/Sweetener Trade whilst Manuel Enriquez Poy, Director, Central Motzorongo Sugar/ Vice President Mexican Sugar Technologists Association will give an analysis of Ethanol In Mexico - A Way To Control Sugar Market. The U.S. and Mexico domestic sugar policy may make free trade in sugar easier but the new trading relationship may not be so easy. Hence this event will seek to give a better idea of what is to come.

As current U.S. sugar price support program is the starting point for looking at what might happen in 2008, the Senior Agricultural Economist from US Department of Agriculture(USDA) will be giving a presentation on Net Energy Balance Of Corn Ethanol Production from the US perspective. USDA establishes the Overall Allotment Quantity (OAQ) for the amount of U.S. sugar that can be marketed in the new marketing year beginning October 1.

In view of the ethanol partnership between the US and Brazil which aims to enhance cooperation, R&D efforts have an ultimate aim of making ethanol a global commodity. Kingsman Americas have been invited to speak on Fuelling The Ethanol Boom - The Changing Dynamics Of The Sugar Industry. The recent cellulosic feedstocks that have been explored could make it economically viable. Federal agriculture officials estimate that Florida's citrus industry could annually produce up to 60million US gallons (227.1 milliion litres) of fuel ethanol. USDA, Bill Widmner shares his research on ethanol and other bio-products from citrus processing waste.

Also, Latin America's potential has also not escaped notice in this meeting which aims to seek national biofuel programs plans in Costa Rica, Colombia and El Slavador. Centre of the transition in El Salvador is Minister of Agriculture, Mr Mario Ernesto Salaverria who will be speaking on Development of the sugar & ethanol Industry in El Salvadore. Currently government efforts to expand the agriculture sector and subsequent investments have jumpstarted the sector's growth to 3.2 percent - nearly double the national average.

About Centre for Management Technology
A global organizer HQ in Singapore, CMT is dedicated to the provision of latest business and technology information through high profile conferences for varied industries. CMT forums encircle the globe from Asia Pacific to Middle East to New Europe/Russia and the Americas. In 24 years of operation, CMT has hosted leading conferences on Petroleum, Refining, Liquid Natural Gas, LPG, future fuels like Biodiesel, Biofuels and Coal to Liquids, Gas to Liquids, Bio mass to Liquid Technology and many more. Visit http://www.cmtevents.com for further information about us.

Press Contact:
Linh Huynh Thuy Truc
Event Executive
Tel: 65-63469118
Fax: 65-63455928

###

Share article on social media or email:

View article via:

Pdf Print