INDEPENDENT NEWS

Aust. Urges EU to Comply with WTO Sugar Rulingz

Published: Mon 19 Sep 2005 09:27 PM
Australia Urges EU to Comply with WTO Sugar Rulings
Deputy Prime Minister and Minister for Trade, Mark Vaile, and the Minister for Agriculture Fisheries and Forestry, Peter McGauran, have warned the EU that Australia will continue to push hard against EU plans to increase exports of subsidised sugar this year.
Mr Vaile and Mr McGauran wrote to EU Commissioner Fischer Boel on 8 August, registering Australia’s serious concerns about any move by the EU to increase sugar exports. The Ministers again underlined their concerns during the Commissioner’s recent visit to Australia.
"Action to increase sugar exports would come at a time when the EU is required to take steps to reduce its sugar exports, consistent with World Trade Organization dispute rulings," Mr Vaile said.
"The Australian sugar industry is almost entirely reliant on world sugar prices for its income from sugar production. The disposal of additional quantities of EU sugar on the world market would come at a time when world sugar prices are only just beginning to recover from record low prices," Mr McGauran said.
"Australian sugar farmers should not have to bear the cost of internal EU reform."
Mr Vaile said that following indications the EU Commission was likely to proceed with action to increase sugar exports, further high level representations were being made. Australia together with Brazil and Thailand would also raise the issue in the WTO Dispute Settlement Body.
The WTO rulings require the EU to limit its annual exports of sugar - all of which are subsidised - from an average of around five million tonnes a year to a maximum of 1.273 million tonnes a year, as well as to reduce its export subsidy expenditure from an estimated €2 billion a year to a maximum of €499.1 million.
The WTO implementation period commenced on 19 May 2005. The end date for implementation will be determined by binding WTO arbitration, with a decision expected to be announced on 28 October.

Next in World

Healing Page By Page In Earthquake-affected Türkiye
By: UN News
Gaza: Rate Of Attacks On Healthcare Higher Than In Any Other Conflict Globally Since 2018
By: Save The Children
Green Light For New Cholera Vaccine, Ukraine Attacks Condemned, Action Against Racism, Brazil Rights Defenders Alert
By: UN News
Grand Slam Champion Garbiñe Muguruza Announces Retirement Ahead Of Laureus World Sports Awards
By: Laureus
Going For Green: Is The Paris Olympics Winning The Race Against The Climate Clock?
By: Carbon Market Watch
NZDF Working With Pacific Neighbours To Support Solomon Islands Election
By: New Zealand Defence Force
View as: DESKTOP | MOBILE © Scoop Media