Leaving a bitter taste? The EU Sugar Regime - European Union Committee Contents


APPENDIX 3: GLOSSARY


Accompanying measures/transitional assistance €1.2 billion of funding allocated to help mitigate the effects of reduction in the EU sugar price following reform in 2006 on ACP and LDC countries.
ACP countryThe African, Caribbean and Pacific Group of States is an organisation of 48 Sub-Saharan African states, 16 Caribbean states and 15 Pacific states. It was established in 1975 with the aim of coordinating cooperation between its members and the EU.
Economic Partnership Agreement (EPA) formed between the EU and ACP countries on a regional basis although only the Caribbean EPA is fully operational.
Everything But Arms Agreement (EBA) grants tariff-free access to imports of all products (excluding arms and ammunitions) from LDCs.
Export refundsfinancial support given to producers exporting sugar outside the EU to make up the difference between the EU market price and the world price.
Interprofessional agreement a contract between growers and the processor governing the terms of supply and processing of sugar beet.
IsoglucoseLiquid in form, isoglucose is a sweetener that is used as a sugar substitute mainly in the production of drinks. It is obtained from starch, which in turn is extracted from wheat or maize. Isoglucose quotas represent around 5 per cent of the overall production quota.
LDC countryLeast Developed Countries are 48 countries suffering from the most severe structural impediments to sustainable development on the basis of GNI per capita, human assets, economic vulnerability and population size.
Private storageaid to a sugar processor to take sugar off the market for a minimum period of time in order to stabilise the market.
Production quotaThe total EU production quota of 13.3 million tonnes of sugar is divided between nineteen Member States. Production in excess of the quota is known as "out-of-quota" sugar and strict rules govern its use. Normally, it should only be used for non-food purposes.
Reference priceprivate storage aid may be paid when the EU market price falls below 85 per cent of this price.
Single Farm Payment a farm-based payment based on the level of former payments received by farmers.
Tariffa customs duty on an imported good.
Tariff quotaan amount of any specific goods which can be imported with a reduced or zero tariff


 
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