EU Increases Offer for Sugar
The new offer increases the quota for sugar from Central America that can enter the European Union without tariffs to 100,000 tons.
Monday, June 8, 2009
According to La Prensa Gráfica, the president of the Sugar Association of El Salvador, Armando Arias, indicated that "the Minister of the Economy said publicly that he knew–off the record-that the EU might offer up to 100,000 tons to Central America.”
The EU conditioned increasing sugar quotas on a wide list of benefits for dairy products, passing over ceramics and even services.
Central American negotiators expect Europe to improve its offer for sugar, coffee, banana, meat and rum.
The negotiations are entering the final phase after yesterday's presentation of the sugar and banana offer by the EU.
Europe would admit up to 60,000 tons of Central American sugar, 5% of the deficit in its annual consumption.
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