Food and beverage companies have lined up against a proposal to extend the EU’s current sugar quota regime. A vote in the European Parliament is scheduled for March, and the Irish Presidency of the EU is hoping to reach a deal in June.
The EU sugar beet industry had been bracing for the end to restrictive production quotas by a target date of 2015. The quota system, dating to 1968, provides farmers a guaranteed minimum price aimed at ensuring stable supplies.
Tags: European agricultural policy, global market, negative economic impact, beet, protection, CAP, partial extension, isoglucose
Source: EurActiv, 2013-02-21.
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