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African Sugar without Tariffs


Sudan and Mozambique stand to gain from European sugar-industry reforms because they can lift output and cut costs, while smaller Caribbean producers may miss out, according to the International Sugar Organization.


Sudan and Mozambique stand to gain from European sugar-industry reforms because they can lift output and cut costs, while smaller Caribbean producers may miss out, according to the International sugar Organization.

Sudan and other countries with so-called preferential status will be allowed to ship sugar to the European Union without tariffs as of Oct. 1. As part of the reform, the EU will cut the reference price, used as a base for negotiations between sellers and buyers, for sugar imports from those partners, the ISO’s chief economist said.

Sudan and Mozambique are low-cost producers with conditions suitable for growing cane and have land available for expansion, <a onmouseover="return escape( popwSearchNews( this ))" href="http://search.bloomberg.com/search?q=Sergey+Gudoshnikov&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1">Sergey Gudoshnikov said in an interview at F.O. Licht’s World Sugar Conference in Berlin today. Jamaica and Barbados, which benefited from high EU prices, may lose competitiveness after the reform, he said.


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