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Thursday, 24 April 2008

Cane sugar prices: negotiations EC-ACP

The 2862nd Council meeting of Agriculture and Fisheries held in Luxembourg on 14 April 2008 authorised the Commission to open negotiations with the ACP producer states and with India on guaranteed prices applicable to cane sugar from these countries in the delivery periods from 1 July 2008 to 30 June 2009 and from 1 July 2009 to 30 September 2009. Under the sugar protocol to the ACP-EC partnership agreement and the EEC-India cane sugar agreement, the Community undertakes to purchase and import quantities of sugar at guaranteed prices. These prices have to be negotiated annually, within the price range obtained in the Community, taking into account all relevant economic factors.
Source: EU Council