Strasbourg, 27/09/2007 (Agence Europe) - On Tuesday 25 September, the European Parliament approved without amendment the proposal authorising France to extend application of a reduced rate of excise duty on “traditional” rum from the overseas departments until the end of 2012. The measure aims to make up for the lack of competitiveness of traditional rum on the European market. In the three French overseas departments most affected - Réunion, Guadeloupe and Martinique - the...