Manila: The Philippines is set to export 66,000 metric tons (MT) of raw sugar to the United States during the crop year 2024-2025, according to the Sugar Regulatory Administration (SRA). This decision follows the SRA's approval of the exportation under Sugar Order (SO) 5, signed on Wednesday, to meet its obligations under the US Raw Sugar Tariff-Rate Quota World Trade Allocation.

According to Philippines News Agency, this export marks the first instance of meeting the US sugar quota allocation for 2025 from the farmers' share of raw sugar, aiming to ensure participation in future import programs. It is the second consecutive year for fulfilling the farmers' share of the US sugar quota, reflecting the ongoing commitment to maintain trade relationships.

Eligible participants for the 2025 US sugar quota allocation are those who have already engaged in the SRA's SO 2, the initial voluntary purchase amounting to 120,000 MT. These entities are required to submit a written and notarized undertaking to the SRA, declaring their actual volume of raw sugar export for the 2025 quota by March 30.

The timeline for exporting the raw sugar from the Philippines is set for no later than August 15. Participants who adhere to the SRA's terms and conditions will receive priority in future government sugar importation programs. However, importation privileges will first be granted to qualified participants in SO 2, followed by those engaged in SO 5.

The transfer of privileges under SO 5 is permissible to eligible transferees, contingent upon the approval of the SRA Administrator and their status as licensed SRA international sugar traders.