The current world market is a residual dump market subject to high volatility that frequently trades below the average production costs of even the most efficient global industries. This is due in large part to the trade-distorting support measures of some of the major sugar producers and exporters, such as Brazil, Thailand, and Mexico. The result is that the EU beet sugar industry is not competing on a level playing field with sugar producers in third countries.
The EU sugar market is one of the most deregulated in the world. We support a trade policy that will allow the EU sugar industry to compete on a level playing field on the EU and world markets.