1. The Council shall establish a Committee on Sugar Products Market Evaluation, Consumption and Statistics, composed of all Members, under the Chairmanship of the Executive Director.
2. The Committee shall keep under continuous review matters relating to the world economy of sugar products and shall apprise Members of the outcome of its deliberations, for which purpose it shall hold meetings, normally twice a year. ln its review. the Committee shall take account of all relevant information gathered by the Organization pursuant to
3. The Committee shall undertake work in the following areas:
a)
preparation of sugar product statistics and statistical analysis of sugar product production, consumption, stocks, international trade and prices;
b)
Analysis of market behaviour and factors which affect it, with special reference to participation of developing countries in world trade;
c)
Analysis of demand for sugar products, including the effects of the use of any form of natural and artificial substitutes for sugar products on world trade in, and consumption of, sugar products;
d)
Other issues as approved by the Council.
4. Each year the Council shall consider a draft forward work programme, with estimated resource requirements, prepared by the Executive Director.