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Sugar funds cuts: damage to Fiji not so sweet

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Monday, 25 June 2012

Sugar funds cuts: damage to Fiji not so sweet

According to one recent report by PACNEWS, the ACP group believes that the EU withdrawal of sugar funds will damage people working in Fijis sugar industry. In the Pacific region, Fiji is the sole signatory to the sugar protocol and benefits from EU allocated funding to help reform the sugar industry after loss of preferential sugar prices to the EU.
The funds were attributed to Fiji under the Accompanying Measures Support Program. Accordingly, ACP secretary general Dr Mohammed Chambas says Fiji should endeavour to return to democratic rule to resume sugar funding from EU. “We have to be mindful in this particular case the withdrawal of funds are hurting the workers and the people of Fiji who are in the sugar sector, and I think the transition process must stay on course and Fiji should endeavour to return quickly to constitutional rule as scheduled so it can assume full co-operation with the EU under the Cotonou Accord.”

Source: FijiTimes