Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
RUSSIA EBRD
BY KEITH NUTHALL
RUSSIAN sugar refineries will be able to draw on a US$286 million short-term working capital finance programme run by the Netherlands’ Rabobank in 2002-3, which will be bolstered with US$100 million from the European Bank for Reconstruction and Development (EBRD).…
EU SUGAR QUOTA
BY KEITH NUTHALL
THE EUROPEAN Commission has scaled down sugar production quotas for 2002-3 by 862,475 tonnes, (826,988 tonnes for white sugar, 17,173 tonnes isoglucose and 18,314 tonnes inulyn syrup), reducing them to 14,241,110, a cut of 5.71 per cent. The Commission said this was to meet WTO obligations limiting its export refunds to Euro 499.1 million; without the cut, exports would increase and refunds would exceed the limit, said Brussels.…
WTO EXPORT SUBSIDIES
BY KEITH NUTHALL
THE EUROPEAN Union (EU) is facing a mass attack on its sugar export subsidies at the World Trade Organisation (WTO). They have been formally challenged by both Australia and Brazil, with the Ivory Coast, Congo, Madagascar, Columbia, Canada, Kenya, Barbados, India, Zimbabwe, Malawi, Jamaica, Swaziland, Fiji, Guyana and Mauritius expected to line up behind them in support.…
THAI SUGAR
BY MARK ROWE
THAILAND’S artificially low domestic retail sugar prices may rise for the first time in four years to cushion the impact of rising production costs, according to the country’s Cane and Sugar Board. The current price is Baht 14.25 (37US cents).…
RUSSIA ICE CREAM
BY MARK ROWE
RUSSIA’S biggest ice cream producer Russky Kholod will launch a factory in Moscow with a projected output of 2,000 metric tons per month in 2003. The company has -modestly – described the plant as “the most modern ice-cream production facility in the world.”…
MAHARASHTRA SUGAR
BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN government money is being demanded by the sugar industry in Mumbai’s Maharashtra state, to help it deal with the impact of declining prices and huge unsold inventories. At the start of the current winter crushing season, mill stocks reached 4.3 million tonnes.…
IVORY COAST
BY KEITH NUTHALL
THE MOVE of the secretariat of the International Cocoa Organisation to Abidjan, Ivory Coast, from London, has been postponed because of the political and military turmoil in the country. The decision to go ahead with the move had only been taken this May.…
DELHI ICE-CREAM
BY SWINEETHA DIAS WICKRAMANAYAKA
VRS Foods, of India, is setting up a new ice cream plant in Uttar Pradesh so it can launch the new Paras brand on the Delhi market. The line’s price will match Mother Dairy’s ice-cream, and be cheaper than market leader Kwality Walls.…
EU ADDITIVES
BY KEITH NUTHALL
THE EUROPEAN Commission has proposed the authorisation of a new food additive, hydrogenated poly-1-decene, which Brussels wants cleared for use as a glazing agent in confectionery and dried fruit. The idea is to provide manufacturers with an alternative to the banned white mineral oil other than vegetable oil-based products, which suffer from rancidity and stickiness.…
WTO ROUND
BY KEITH NUTHALL
THE EUROPEAN Commission has set out its stall at the World Trade Organisation’s agricultural liberalisation talks, offering the US and other key trading partners the carrot of a 55 per cent cut in “trade distorting domestic farm support” subsidies, if they reciprocate with similar reductions.…