Commonwealth Sugar Agreement Explained

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

References

  1. News: New Commonwealth Sugar Agreement Signed. 22 September 2017. The Cairns Post. Australian Associated Press. 24 December 1951.
  2. Abbott. George C.. The Commonwealth Sugar Agreement as a Model for a New Sugar Protocol. Development Policy Review. December 1989. 7. 4. 343–360. 10.1111/j.1467-7679.1989.tb00137.x.