International Sugar Agreement

International Sugar Agreement in the International Legal Encyclopedia

The International Sugar Agreement is a series of international agreements operating continuously… (Read more)

International Sugar Agreement in Global Commerce Policy

In this regard, a definition of this issue is as follows: the first sugar agreements were negotiated in the 1860s. The entries on trade policy are here. A new agreement was concluded in 1931 between producer associations whose governments then had to give effect to its provisions. The entries on trade policy are here. At the same time, a permanent secretariat was established at The Hague. The agreement aimed to liquidate surplus stocks through export quotas, but it failed in this because non-members raised their production. The entries on trade policy are here. A second agreement was negotiated in 1937. The entries on trade policy are here. It provided for representation of consumers and producers. The first post-war sugar agreement was concluded in 1954 and renegotiated in 1958, 1968, 1973, 1977 and 1984. The agreement ran a buffer stock until 1977. The 1984 agreement did not contain economic provisions, but it set itself the task of negotiating a new agreement of this type. The entries on trade policy are here. A successor administrative agreement entered into force in 1993 for five years, with no limit on the number of possible extensions. The administering body, the International Sugar Organization, is now located in London.[1]

International Sugar Agreementin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “International Sugar Agreement” entry (OAS)

See Also