WTO knocks EU over sugar subsidies

The World Trade Organisation on Wednesday (4 August) gave a preliminary ruling that the sugar subsidies given by the EU to its farmers are an unfair advantage on global export markets.

At a meeting in Geneva to discuss the issue, the WTO upheld a complaint filed by Brazil, Australia and Thailand finding that the EU has broken trade rules by providing sugar export subsidies in excess of WTO limits. \n \nThis is the second triumph for Brazil following a ruling by the WTO in June finding t...