Which are the key facts
of the EU sugar regulation?
Aim: To secure a competitive sugar beet industry in the EU
Duration to September 2015 provides long-term planning security
Reform: Price reductions:
Minimum sugar price down by 36 % (reference price), no compensation
Minimum beet price down by 39 %, compensation for 60 % of the price reduction
Restructuring fund as an incentive to surrender sugar quotas funded by levies on the sugar industry
Production of industrial sugar in addition to quotas
Reduction of EU sugar production by 6 million tonnes, with a substantial halt to EU sugar exports
Intervention retained until 2010, with limitations
External protection remains, limiting the rise in imports by protective clauses
"Reform of the reform" 2007: Higher payments for voluntary quota surrender; partial credit for voluntary returns at the time of final quota cuts in 2010
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