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Is CARICOM Coning Around To Plantation White Sugar?
posted (February 20, 2019)
And while this should put ASR/BSI in a better position to produce and exports direct consumption sugars - the question is, will CARICOM buy those sugars. ASR/BSI's Mac MacLachlan says it's an interesting test for the CARICOM Single Market and Economy:

Mac McLachlan, VP, International Relations, ASR Group
"Its a travesty in my view that market demand within Caricom countries of 300,000 on sugar - 200,000 tons of sugar is imported from Guatemala, Colombia and other destinations and yet we are forced along with other Caricom producers to send our sugar off to somewhere else to be refined. An increasing travesty is that the value because of the low global price in sugar means that its increasingly attractive for industrial users of sugar to buy sugar from those other destinations and because there is the CET (Comon external tariffe), is not being applied fully on that sugar, its displacing the opportunity for our sugar for Jamaica, Guyana - at the moment some industrial users are saying they can only use a different type, a different quality of sugar. Obviously we have to work with industrial users to be able to provide the right type of sugar that needed. In a way I think the really interesting here is that sugar has become a real focal point for the functionality of the single market in Caricom."

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