Forthcoming Changes in the EU Banana/Sugar Markets :
Subtitle:
A Menu of Options for an Effective EU Transitional Package
Volume, number, page:
84 p.
Year of Publication:
2015
Organization Name:
Overseas Development Institute
Acronym:
ODI
Publisher:
ODI
City:
London
Country of Publication:
United Kingdom
Full Date:
May 2005
Category:
Reports
Theme:
Subregion - European Union
Country - European Union
Agreements
Summits
Association Agreeements
Strategic Partnerships
Government
Business
Keyword(s):
ACP
Exports
Agricultural production
Agricultural trade
International Commercial Relations
Latin America
European Union
Caribbean
Sugar industry
Sugar
Tariffs
Commercial policy
Foreign trade policy
International commodity markets
Tropical products
Commodities
Common Agricultural Policy
CARICOM
Abstract:
Preferential access under the EU’s Sugar and Banana Protocols has afforded large income transfers to a number of ACP countries. These transfers will be reduced under proposed reforms to the EU’s sugar and banana markets which have had to respond to a number of internal and external pressures (e.g. CAP reform, challenges in the WTO). Although reducing preferences for banana and sugar exports from these Protocol countries will have beneficial effects on development and poverty reduction in other major producing countries which are not party to these agreements, losses for some Caribbean ACP countries will be significant relative to external income.
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