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Jun 15, 2023

Commercial Agreement Between B.S.I. & B.S.C.F.A. Still Outstanding

Mac McLachlan

Vice-President McLachlan also responded to questions on the outstanding Commercial Agreement between B.S.I. and the Belize Sugarcane Farmers Association. Both entities entered into an interim agreement for the 2022-2023 crop on grounds that they would finalize a new commercial agreement by the start of the 2023-2024 season. McLachlan was asked about his expectations of those upcoming conversations.

 

Mac McLachlan, Country Manager/Vice President, A.S.R./.B.S.I.

“Our position remains exact exactly the same, and that’s that we can look at simplifying things through the commercial agreement, but we’re not in a position to be transferring value. We’ve said that from day one, and it’s still the same. In fact, even more so today, as we’re looking at the kind of industry, particularly business losses we’re gonna be facing this year. So we hope that there’ll be, you know, a common sense approach to this moving forward. It’s not in our interests or anybody’s interests not to have an agreement. I mean we need the cane. The farmers want to mill the cane. I’m a great believer that’s the bottom line. Beyond that, we’ll have to find an accommodation, but we haven’t had any discussions really of late because I think there have been a lot of other things going on which are kind of, I think deflecting a little bit from the real issue of actually having an agreement. Remember this is private sector business. These, these are commercial agreements between ourselves and cane growers who want to sell cane to the sugar mill, and the vast majority of which I think we don’t really have an issue, but. You know we need to overcome this particularly to deal with the challenges, the modernization that we’re talking about.”


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