Impacts of trade liberalizations under the Uruguay Round on the world sugar market
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The impacts of the Uruguay Round policy provisions on the world sugar market show that these policies will stabilize the world sugar
price at slightly higher levels than in the baseline. Global sugar consumption will increase as a result of the income growth caused by the
Uruguay Round. Economic resources will be allocated more efficiently among the sugar industries of the various countries. However, the
impacts on the sugar industries in countries with strong producer supports will be rather small because the negotiation process of the
Uruguay Round has accommodated the changes in sugar policies already implemented by individual countries in the past few years.
Low-cost sugar producing countries will benefit from the higher world sugar price, and consumers in countries with protected markets will
benefit from lower domestic prices.