Philippines: The Philippines Announces the 2nd Voluntary Sugar Purchase Program for MY 2024-2025
On February 7, 2025, the Sugar Regulatory Administration (SRA) released Sugar Order No. 2 (SO2) authorizing the voluntary purchase of 500,000 metric tons (MT) of raw sugar to avail of an allocation in the government’s sugar importation program. This is the second round of SRA’s voluntary purchase program for marketing year (MY) 2024-2025. Sugar purchased under this voluntary program will be classified as “reserved” and is eligible for export to the United States under the 2025 WTO Tariff-Rate Quota Allocation for raw cane sugar.