Thursday, June 18, 2009

Not so sweet deal...

The sugar deal for the Caribbean has just turned bitter.

The Caribbean is set to lose big time to African countries, who can produce sugar at a cheaper rate and higher output level.

The proposed prospect is on the heels of EU sugar reforms, which is set to see African producers gain significantly from this reform.

The details of such reform and why the African countries will fare better than the Caribbean countries is not available to me, but I would like to see it. If it causes this much stir, then its bigger than Caribbean producers ever thought.

The Caribbean has squandered its sugar production many years ago, in any event. They have acquiesced to Latin America and Cuba, in any event. Cuba may feel the sting, but on top of their being on the out and out with the western world, particularly the USA, they may find alternative means and be able to find other forms of suffering in Cuba.

2 comments:

Anonymous said...

Youri,

As usual your posts almost always provide a refreshing alternative topic to ponder. The push does certainly appear to be on for development in Africa although it remains to be seen as to how fully involved multinational corporations will get and what the end result will be.

You might be pleased to know that I am working on refraining from indulging in far out conspiracy theories as our last conversation taught me a lesson about conduct. However, I also can't help but notice what appears to be blatant disparity between the way that white farmers in Zimbabwe have been treated under Mugabe's rule and the way that foreign mining operations have been set up recently. I am left to assume that outsiders, possibly the British, now hope to reap profits which they might not have been able to when Rhodesia was independent. At the same time things supposedly are coming off as efforts aimed toward the betterment of democracy and human rights. God save the Queen.

Youri_Kemp said...

Hi HOE,

I agree with the mining issues. Did you get a chance to get a load of the pressure from the Diamond Export group, led by Avi Paz, who wanted to put an embargo on all Zimbabwean diamonds?

They were there for all of these years, and now since Zimbabwe has some credible form of way forward away from Mugabe, they, now, want an embargo--stating that the diamonds in Zimbabwe are from the result of blood diamond type extraction? And, that the proceeds benefit Mugabe and his family, personally? DUH!

Unbelievable!

But, I saw some news about this sugar reform a week back in the Bridges trade digest, but dismissed it. Maybe I should have paid more attention!

So, the same with sugar, mining and with the diamond export, some Europeans just can't get their greedy midn out of the past and let Africans sort out their own stories.

I refuse to let people tarnish the progress Tsvangarai is making in Zimbabwe.

Anyone, other than Mugabe, is progress!

Thank you for posting once again!

Youri