Explanatory Memorandum to COM(2012)780 - EU position within the International Sugar Council as regards the extension of the International Sugar Agreement 1992

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The International Sugar Agreement 1992, (hereinafter: the “Agreement”) was concluded by the Community by Decision 92/580/EEC[1] and entered into force on 1 January 1993 for a period of three years until 31 December 1995. Since then it has been regularly extended for further periods of two years. The Agreement was extended last time by decision of the International Sugar Council in June 2011 and remains into force until 31 December 2013.

A further extension of the Agreement by up to two years is in the interest of the Union.

That extension of the Agreement entails the prolongation of the EU contribution to the administrative budget of the Agreement. That contribution is budgeted under item 05 06 01 of the EU budget (International agricultural agreements).

The purpose of this proposal is to seek the Council’s authorisation to the Commission to vote, on behalf of the Union, in favour of the extension of the Agreement up to 31 December 2015 within the International Sugar Council.