Considerations on COM(2021)480 - EU position with respect to the extension of the International Sugar Agreement, 1992

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table>(1)The International Sugar Agreement 1992 (1) (the ‘ISA’) was concluded by the Union by Council Decision 92/580/EEC (2) and entered into force on 1 January 1993. The ISA was concluded for a period of three years, until 31 December 1995.
(2)The International Sugar Council (the ‘ISC’), set up under Article 3 of the ISA, is empowered pursuant to Article 45(2) of the ISA to extend the ISA, by special vote, for successive periods, not exceeding two years on each occasion. Since its conclusion, the ISA has regularly been extended for further periods of two years. The ISA was last extended by decision of the ISC in July 2019 and remains in force until 31 December 2021.

(3)The ISC, during its 59th session to be held on 26 November 2021, is to adopt a decision on the extension of the ISA for a further period of two years, until 31 December 2023.

(4)It is appropriate to establish the position to be taken on the Union’s behalf within the ISC, during its 59th session, as regards the extension of the ISA. A further extension of the ISA is in the interest of the Union,