EU RELAUNCHES COTTON PRODUCTION REFORM AFTER COURT REVERSAL
May 1st, 2007
BY KEITH NUTHALLTHE EUROPEAN Commission has relaunched its bid to split the amount of European Union (EU) subsidies paid to EU cotton producers from the volume of cotton sent to market, following an embarrassing court reversal last September. Then, the European Court of Justice (ECJ) overturned a 2003 reform along these lines, because of weaknesses in an earlier impact study that had ignored labour expenses and the potential effects on the European ginning industry. Undeterred, Brussels plans to resubmit its subsidy reform to the European Parliament and the EU ...
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