SUGAR RULING WTO
October 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Union (EU) has launched its appeal against a World Trade Organisation (WTO) ruling that its sugar exporters are getting more subsidies than they should under global trade rules. However, if Brussels loses the appeal, it will not spell bad news for the European Commission. An order to liberalise by the WTO would help it push the Commission's proposed reforms of the EU sugar common market organisation onto unwilling member states.
THE EUROPEAN Union (EU) has launched its appeal against a World Trade Organisation (WTO) ruling that its sugar exporters are getting more subsidies than they should under global trade rules. However, if Brussels loses the appeal, it will not spell bad news for the European Commission. An order to liberalise by the WTO would help it push the Commission's proposed reforms of the EU sugar common market organisation onto unwilling member states.
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