[ SRA SUGAR ORDER NO. 1-A, November 18, 1994 ]

REVISED SUGAR POLICY FOR CY 1994-95



WHEREAS, Section 3 of Sugar Order No. 1, Series of 1994-1995, dated 22 August 1994, provides that SRA shall undertake periodic assessments of the CY 1994-95 sugar production and, on the basis of such assessments, it shall adjust from time to time the percentage distribution of the different classes of sugar;

WHEREAS, our U.S. Sugar Quota for the period 1 August 1994 to 30 September 1995 is 162,602 M.T.C.W.:

WHEREAS, the U.S. Generalized System of Preferences (GSP), which provides tariff exemptions on our "A" U.S. quota sugar will expire on 31 July 1995 and, if not re-enacted or extended, our "A" sugar will thence be subject to a tariff of 0.625 U.S. cents per pound;

WHEREAS, the aforesaid circumstances considered, it is to the advantage of the sugar industry that all of the 162, 602 M.T.C.W. U.S. Quota sugar should enter the U.S. on or before 31 July 1995;

WHEREAS, in view of the foregoing, it is in the national interest that the percentage allocations for the different classes of sugar for CY 1994-1995 be revised;

NOW, THEREFORE, under and by virtue of the powers vested in the Sugar Regulatory Administration, it is hereby ordered;

SECTION 1. The percentage allocations for the different classes of sugar under Section 1 of Sugar Order No. 1, Series of 1994-1995, dated 22 August 1994, are hereby revised.

All sugar production for the CY 1994-1995 beginning on 21 November 1994 shall be issued weekly quedan-permits by mill companies in the following classifications and percentages:

"A" or US Quota Sugar - 14.0%
"B" or Domestic Sugar - 85.0%
"D" or World Market Sugar - 1.0%

SECTION 2. All other provisions of the aforesaid Sugar Order No. 1, Series of 1994-1995, dated 22 August 1994, shall remain in full force and effect.

Adopted: 18 Nov. 1994

(SGD.) RODOLFO A. GAMBOA
Administrator