Opposition criticises sugar imports
Published:Monday | February 2, 2009 | 6:24 PM
Guyana\'s opposition leader Robert Corbin is criticising the government\'s decision to import sugar to meet a shortfall in production.
The Guyana Sugar Company is expecting a shipment of 2 thousand tonnes of sugar from Guatemala shortly.
But the agriculture minister Robert Persaud said the local sugar industry is in serious financial trouble and needs to take full advantage of the price on the European market.
He said while Guyana will receive 650 dollars per tonne for its sugar exports to the European Union, it would be importing the commodity at just under 400 dollars per ton.