Belize - Belize News - - Great Belize Productions - Belize Breaking News
Home » Agriculture » Corozal Producers Say Multinational Can’t Sell Sugar at Home
Jun 5, 2018

Corozal Producers Say Multinational Can’t Sell Sugar at Home

The Corozal Sugar Cane Producers Association issued a three-page response to the Ministry of Investment, Trade and Commerce, as well as Santander Limited on the sale of sugar on the local market. According to the association, the decision taken by Santander to put sugar for sale on the local market without permit will, “undoubtedly lead to a potential revenue loss to the five-thousand four hundred cane farmers in the northern districts.” The release goes on to say that Santander’s actions will further affect the livelihood of some thirty-thousand families in the north. The association strongly opposes Santander’s waiver application to sell sugar locally because it would not be feasible for two mills to be supplying the domestic market. CSCPA, however, encourages and supports Santander’s efforts to tap into the CARICOM market which may keep the sugar industry vibrant and economically feasible.  The CSCPA ended off saying that Santander is operating outside of the jurisdiction of the Sugar Industry Act with little or no information received by the Sugar Industry Control Board.

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

Advertise Here

Leave a Reply