AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
On November 19, 2015, the Ministry of Agriculture and Rural Development of Colombia passed Resolution 423/2015 establishing a support programme for local sugar exporters. The scheme consisted of an export subsidy of USD 0.13 per Kilogramme distributed as follows:
The maximum amount of sugar subsidised by this programme was 1,003 tonnes, and the scheme was to apply only during the last two months of 2015.
In addition, in the case of exporters and producers buying from other producers to export, the resolution sets that they have to prove that they bought the goods at least at the price established by the Government (USD 052 per Kilogramme of raw cane sugar; USD 0.58 per Kilogramme of organic and ground cane sugar; and USD 0.71 per Kilogramme of ground organic cane sugar) plus a levy of USD 0.1 and the Sugar Cane Development Fee.
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