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Oct 18, 2019

COTED to Decide on Belize’s Request to Freely Trade White Sugar in the Region

Plantation white sugar can replace refined sugar. This is according to the Caribbean Development Bank which funded a technical study on the issue. CARICOM Ministerial meetings were held a few weeks ago in Belize and participating ministers discussed the matter extensively and reviewed the CDB’s findings. The report is seen as a win for Belize which is considered the leading producer of plantation white sugar, accounting for nearly all of the region’s output. But according to Agriculture Minister Godwin Hulse, CARICOM’s Council for Trade and Economic Development will make a final decision when it meets in November.

 

Godwin Hulse

Godwin Hulse, Minister of Agriculture

“The most significant one is to engage the fact that refine white sugar should be on the list of non automatic exemption meaning that if you want to bring refine white sugar into the region then you have to apply for waiver and if you don’t apply for a waiver you pay the duty. That is the issue. So those three proposals have been furthered from the COTED Agriculture up to the COTED Trade which is to meet sometime in November. It is that body gives the final approval and we are hoping that happens. We should be able to trade this commodity freely within the region and we are supposed to protect it within the region. B.S.I./ASR as you know has up their game tremendously. The sugar is refine, so please.”


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