Brussels, 15/11/2010 (Agence Europe) - On Thursday 11 November, the Management Committee for the Common Organisation of Agricultural Markets backed a Commission proposal to suspend the 98 €/tonne duty on Most Favoured Nation (MFN) sugar imports from 1 December 2010 to 31 August 2011.
These duties apply to a 666,000 tonne quota of which import licences for about 250,000 tonnes have already been issued, the Commission says. The decision to suspend the customs rights is due to high world...