WORLD TRADE ORGANISATION DEAL WILL BLOCK BIOETHANOL EXPORT SUBSIDIES
January 1st, 2016
Export subsidies for bioethanol and biofuel feedstocks in general are to be scrapped after a World Trade Organization ministerial meeting in Nairobi agreed on Friday (18 December) to phase out the trade sweeteners. The deal covers exports of soy, sugar, corn oil, palm oil, cotton oil and other feedstocks, including animal and vegetable wastes that are of importance in the development of second generation biofuels. Biodiesel falls outside the scope of the tariff lines covered by this agreement, however, as do fossil fuels, although bioethanol (HS code 2207) is ...
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