Financial Times FT.com

EU could open up sugar market

By Raphael Minder in Brussels

Published: June 22 2005 03:00 | Last updated: June 22 2005 09:55

The European Union could temporarily open its sugar market to Brazil and other leading sugar producers if Brussels finds evidence that Europe's leading sugar companies are using an overhaul of the market to collude on prices, according to Mariann Fischer Boel, the EU's agriculture commissioner.

The warning came as Brussels on Wednesday launched its first attempt to reduce substantially the EU's sugar price support mechanism in almost 40 years.

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