Finance:Commonwealth Sugar Agreement
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Short description: International trade agreement
The Commonwealth Sugar Agreement ("CSA") between the United Kingdom and the Commonwealth exporting territories was signed in December 1951. It provided for export quotas totalling 2,375,000 tons of raw sugar. Australia, in accordance with the agreement reached in the 1949 sugar negotiations, received a quota of 600,000 tons. Out of the total quotas of 2,375,000 tons, 1,640,000 tons would be purchased by the United Kingdom Ministry of Food at a price to be negotiated annually, which would be calculated to provide a reasonably remunerative return to efficient producers.[1]
The Commonwealth Sugar Agreement terminated in 1974.[2]
Further reading
- Moynagh, Michael (July 1977). "The negotiation of the commonwealth sugar agreement, 1949–1951". The Journal of Commonwealth & Comparative Politics 15 (2): 170–190. doi:10.1080/14662047708447285.
- RICHARDSON, BEN; NGWENYA, PAMELA RICHARDSON (July 2013). "Cut Loose in the Caribbean: Neoliberalism and the Demise of the Commonwealth Sugar Trade". Bulletin of Latin American Research 32 (3): 263–278. doi:10.1111/blar.12001. http://wrap.warwick.ac.uk/53738/. Retrieved 22 September 2017.
- Southgate, John (1984). The Commonwealth Sugar Agreement, 1951-1974. C. Czarnikow. https://books.google.com/books?id=ZKHaGAAACAAJ. Retrieved 22 September 2017.
References
- ↑ "New Commonwealth Sugar Agreement Signed". The Cairns Post. Australian Associated Press. 24 December 1951. http://trove.nla.gov.au/newspaper/article/42719091. Retrieved 22 September 2017.
- ↑ Abbott, George C. (December 1989). "The Commonwealth Sugar Agreement as a Model for a New Sugar Protocol". Development Policy Review 7 (4): 343–360. doi:10.1111/j.1467-7679.1989.tb00137.x.
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