Impact of the EU Sugar Policy Reform and the WTO-DDA on the U.S. Sugar Industry
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The EU reforms will increase the Caribbean sugar price, but will not affect the U.S. sugar industry. If liberalization occurs based on the WTO-DDA, U.S. wholesale sugar price will decrease from 24.89 to 23.79 cents per pound. It is also expected the Caribbean price to increase from 8.7 to 12.1 cents per pound.
Key Words: Sugar, Liberalization, EU Reform, Doha Development Agenda