ANNOUNCEMENT 20 Dec 2013
In December 2013, the European Commission announced a change in financial export support.
NUMBER OF INTERVENTIONS
EU regulation 1308/2013: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:347:0671:0854:en:PDF
On 20 December 2013, the European Commission published regulation 1308/2013 on EU's single common market organisation for agricultural products. It replaces Council regulation 1234/2007 and inter alia formally restricts the provision of export refunds among members of the EU, as it promised in the Doha Round in 2005.
According to art. 159 of the preamble, "Refunds on exports to third countries, based on the difference between prices within the Union and on the world market, and falling within the limits set by the commitments made within the WTO, should be retained as a measure which may cover certain products to which this Regulation applies where the conditions in the internal market are such as those described for exceptional measures. Subsidised exports should be subject to limits in terms of value and quantity, and, without prejudice to the application of exceptional measures, the refund available should be zero."
The definitions of such "exceptional measures" are set out in further detail in art. 219 ff. of the regulations.
The list of affected tariff lines is based on the product list in art. 196 of the regulation.
The regulation came into force on 1 January 2014. The measure colour is amber, as it sets a new formal framework for export refunds in the EU. The actual wind-down of export refunds was introduced on 19 July 2013 (cf. Related Measures).