Too Much Or Too Little?
Changes to the EU Sugar Regime; 18th Report of Session 2005-06
Description:... This report provides a response by the European Union Committee to the EU's reform of the sugar regime. The Committee welcomes such a reform. The current system protects the EU sugar market through a support system of guaranteed minimum prices, different production quota levels, import tariffs and export funds. Under the text, to be agreed by the European Parliament, the minimum price will be cut by 36% over four years, with production quotas merged into a single quota. The result of such changes, will mean some factories will close and jobs lost. Another consequence will be a reduction of sugar production by almost 40%. These reforms will also affect countries outside the EU border. Africa, the Caribbean and the Pacific enjoy preferential access and rates for imports of their sugar, and who will face challenges in the face of a reformed sugar regime
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