The ending of European Union (EU) sugar quotas and increased duty-free imports from October 2015 will have a “devastating” impact on African, Caribbean, Pacific (ACP) sugar-producing countries, Minister of Foreign Affairs Carolyn Rodrigues-Birkett has warned.
“Most studies conducted so far point to the fact that the abolition of the EU quotas will result in market volatility and uncertainty resulting inter alia from the link between domestic prices and world market prices,” she said, according to a press release from the Ministry of Foreign Affairs.
Rogrigues-Birkett was at the time reporting to the ACP Ministerial Council on the deliberations of the 4th ACP Ministerial Committee on Sugar held in