Rice sector reform is on track
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CTA. 2003. Rice sector reform is on track. Agritrade, April 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52924
Commissioner Fischler put forward the case for a radical reform of the EU rice...
Commissioner Fischler put forward the case for a radical reform of the EU rice regime at the March 19th 2003 EU Agricultural Council meeting, proposing a massive 50% reduction in the intervention price (coupled as always to an increase in direct aid payments). Radical rice-sector reform now appears imminent. Comment: With the EU looking for an internal price of around €150 per tonne, Guyanese rice exporters are likely to face price reductions of over 25% in the next year. If EU rice market prices fall to the level where special support measures are necessary, income losses to Guyanese and Surinam rice exports could exceed 40%. Prospects do not look good for continued ACP rice exports to the EU market.