EU SUGAR REFORM PAPER
August 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Commission is consulting on three future options for the European Union's (EU) sugar market regime. The first would extend existing rules beyond 2006; the second would phase out production quotas, allowing prices to fall to those of non-preferential imports, with some direct grower subsidies (decoupled from production rates) also being paid; and the third would completely liberalise the existing regime, scrapping all price supports but - again - with some direct farm subsidy payments. * ...
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