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April 29, 2005

EU: EU loses WTO appeal over sugar subsidies

The global sugar industry will scrutinise the text of an appeal verdict issued yesterday (28-4) by the World Trade Organisation (WTO), confirming an earlier decision that European Union’s (EU) existing sugar subsidies break WTO rules.

The global sugar industry will scrutinise the text of an appeal verdict issued yesterday (28-4) by the World Trade Organisation (WTO), confirming an earlier decision that European Union’s (EU) existing sugar subsidies break WTO rules.

The European Commission has already accepted the decision – important, because it will on 22 June publish detailed reforms.

EU agriculture Commissioner Mariann Fischer Boel has responded: “I will take account of this verdict when I finalise the reform proposals,” noting the ruling indicated the EU should have reduced subsidised sugar exports by 72% after the last WTO agreement in 1994, not the 21% it has cut: signalling a tough reform proposal.

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