Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-01-16-Speech-2-202"
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"en.20010116.11.2-202"2
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".
Mr President, honourable Members, the Community chemical industry did indeed stop receiving export refunds at the end of July last year for agricultural raw materials such as starch, glucose and sugar, which are processed for export. This measure is part of a series of provisions for so-called non-Annex I products which was decided by the Council of agricultural ministers in March last year, since when exports of these products have been subject to budgetary discipline in accordance with the agreement decided within the WTO.
However, these products still receive enough compensation to be able to compete with similar products on the world market. It is therefore highly unlikely that imports will rise, because the price of agricultural raw materials used by the chemical industry will
be reduced to world market prices, that is, free-port prices in the Union.
As expressly requested when these measures were discussed, the Commission is closely monitoring the market, including the export market, and the budgetary situation in this sector."@en1
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