Proposal for a Council Decision on the conclusion of an Agreement in the form of Exchange of Letters between the European Community and Barbados, Belize, the Republic of Congo, the Republic of Côte d’Ivoire, the Republic of the Fiji Islands, the Republic of Guyana, Jamaica, the Republic of Kenya, the Republic of Madagascar, the Republic of Malawi, the Republic of Mauritius, the Republic of Mozambique, the Federation of Saint Kitts and Nevis, the Republic of Suriname, the Kingdom of Swaziland, the United Rep

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Series Details (2008) 622 final (09.10.08)
Publication Date 09/10/2008
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Protocol 3 on ACP sugar attached to Annex V to the ACP-EC Partnership Agreement, and the agreement on sugar between the European Community and the Republic of India provide for a Community undertaking to purchase and import at
guaranteed prices cane sugar which the exporting countries concerned cannot market in the Community at prices equivalent toor higher than the guaranteed prices.

In conformity with the guidelines for negotiations given by the Council for the 2006/2007, 2007/2008, 2008/2009 and 1 July 2009 to 30 September 2009 delivery periods, the Commission has negotiated guaranteed prices with the ACP States and the Republic of India pursuant to Articles 5(4) of Protocol 3 on ACP sugar, referred to in point 1, as well as the agreement with India on cane sugar.

ACP Sugar Protocol countriesexpressed their agreement with the Community offers on 24 June 2008. India which had agreed previously for the preceding campaigns, expressed its agreement with the EU offer for the 2008/2009 and 1 July 2009 to 30 September 2009 delivery periods on 11 July 2008.

The Commission therefore proposes that the Council adopts the proposal for a decision on the conclusion of these agreements in the form of exchange of letters as set out in the Annexes.

Financial impact: The budgetary implications for the 2009 a nd 2010 budgets will depend on the sugar market situation and notably on the uptake of the sugar restructuring scheme and other management decisions (potential preventive withdrawal). Consequently, in case of aninsufficient uptake of the restructuring scheme, these imports might contribute to
a potential sugar surplus and hence have an impact on the 2009 and 2010 budgets. However, this impact is not quantifiable as yet.

Source Link http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2008:0622:FIN:EN:PDF
Related Links
EUR-Lex: COM (2008)622: Follow the progress of this document through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2008:622:FIN

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