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Summary of Treaty


GENERAL DATA
Official Title International Sugar Agreement 1992
Type of Agreement Multilateral
Place of Signature Geneva
Date of Signature 20/03/1992
Date of Entry Into Force 10/12/1996
Duration Definite
Objective of Agreement

The objective of the Agreement is to ensure enhanced international cooperation in connection with world sugar matters, provide a forum for intergovernmental consultations on sugar so as to improve the world sugar economy, facilitate trade by collecting and providing information on the world sugar market and to encourage increased demand for sugar, particularly for non-traditional uses.

International organisation established by the treaty Afrasec
Remarks

Since 1953 there have been various attempts to raise and stabilise world sugar prices through international agreement. The latest agreement in 1977 established export quotas for its parties and intervention stocks in order to withdraw sugar from the market when prices were low. Like most of the previous ones, this agreement ended in failure. This failure was due in part to the fact that the European Union - one of the largest exporters - refused to sign the agreement. The agreement expired in 1984 and no further agreement on price-stabilising measures has been achieved.

On 19 December 1991 the Council issued the directives for the Commission to negotiate the Agreement on behalf of the European Economic Community. The United Nations Sugar Conference was held in Geneva from 16 to 20 March 1992.
The Agreement is of an administrative type, with no economic provisions such as quotas or prices. It does, however, permit the negotiation of an agreement with such provisions at any time in the future. It establishes a framework for conducting market analyses and exchanging information.
The International Sugar Organisation has the role of promoting the sugar industry, particularly in the developing countries, and improving the transparency of the market by publishing statistics on sugar production and trade and world market analyses.
The Agreement 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 2013 and remains into force until 31 December 2015.

At its 52nd session (London, 1 December 2017), the International Sugar Council decided to extend the International Sugar Agreement (1992) for a period of two years until 31 December 2019.

OJ Reference L379, 23/12/1992, p. 16
Depositary United Nations
Contracting Parties European Economic Community, Argentina, Australia, Austria, Barbados, Belarus, Belize, Brazil, Cameroon, Colombia, Costa Rica, Cuba, Côte d'Ivoire, Dominican Republic, Ecuador, Egypt, El Salvador, Ethiopia, Fiji, Finland, Guatemala, Guyana, Honduras, Hungary, India, Iran, Jamaica, Japan, Kenya, Latvia, Malawi, Mauritius, Mexico, Moldova, Mozambique, Nigeria, Pakistan, Panama, Paraguay, Philippines, Russia, Serbia and Montenegro, South Africa, Sudan, Swaziland, Switzerland, Tanzania, Thailand, Trinidad and Tobago, Turkey, Vietnam, Zambia, Zimbabwe
Authentic Texts Arabic, Chinese, English, French, Russian, Spanish
Subject Matters Agriculture
Clause(s)
Authentic Texts Agreement
Duration (Conditions) Article 45 Agreement
Entry into force conditions Article 40 Agreement
Provisional application Article 39 Agreement
Ratification Conditions Article 38 Agreement
Regional and International Organisation (REIO) Article 5 Agreement
EU PARTICIPATION
Date of Signature 20/11/1992
Conclusion Date 20/11/1992
Ratification Status AP
Conclusion Decision




Council Decision (92/580/EEC) of 13/11/1992; OJ L379 of 23/12/1992, p.15




Date of Entry Into Force 10/12/1996
Competence Mixed
Legal Basis Treaty EEC: Article 113


Last Update :   17/01/2018