COTTON SUBSIDIES – EU
September 1st, 2003
BY ALAN OSBORNTHE EUROPEAN Commission, representing the 15 EU member countries, is to propose that the European Union de-couples support for cotton from production in what it calls "a constructive solution to address the trade aspects linkedto the depressed prices in the current world cotton market." The Commission proposal follows support voiced at the aborted World Trade Organisation summit, in Cancun, Mexico, for a plan sponsored by Benin, Burkina Faso, Chad and Malito eliminate cotton subsidies. Brussels did not wholeheartedly support this move, but said ...
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