REMARKS BY DR. THE HONOURABLE HENRY JEFFREY,

MINISTER OF FOREIGN TRADE AND INTERNATIONAL COOPERATION AT THE 4^TH MEETING OF CARICOM STAKEHOLDERS OF THE SUGAR INDUSTRY

JANUARY 11-12, 2007

  

Let me welcome you to Guyana for this the 4^th Meeting of the CARICOM Stakeholders of the Sugar Industry.

 This is my first meeting with you and I am very pleased to have this opportunity to interface with the leaders of the regional industry.

 I believe that we should also recognize the work of the consultative group on sugar and specially acknowledge the presence of representatives from Brussels, London and elsewhere.

Ladies and Gentlemen, a complex mix of challenges is facing the sugar industry at this time and it is my hope that this meeting will facilitate the development of a common plan of action, and, thus, set the framework for our engagements in all the relevant negotiating arenas. 

 The task before us is to examine the plans and prospects for ensuring the sustainability of the industry in an increasingly competitive environment. 

 We need to consider all options and their implications and arrive at those scenarios that best suit our aspirations. 

 The sugar industry is the largest and most important agricultural enterprise in CARICOM.  For many countries, its contribution is critical to social and economic wellbeing.  Over half a million of out people depend directly and indirectly on the industry.  And since its viability is so important to us, we need to cooperate and collaborate closely and have a clear understanding of its future.

 As a result, our discussions must be most frank. 

There are many important issues on the agenda which require serious and searching deliberations.  For example:

 

·        We must candidly confront our production and supply difficulties. This is important if sensible decisions and actions are to be taken in a timely fashion.

·        Secondly, we have to ensure that we are not disadvantaged in our present negotiations with the EU for an Economic Partnership Agreement.

·        Then again, we must give serious consideration to the status of the various action plans and the circumstances surrounding their implementation.

·        Fourthly, the region has taken a position in pursuit of retaining all the regional sugar shortfalls but this matter requires added thought. 

·        Finally, it is also expected that at the end of this meeting we will have clear positions as we enter into the first meeting with the Dominican Republic on the treatment of sugar in the context of CARIFORUM.   Of course, we must not lose sight of the fact that the Dominican Republic is a partner and will expect to be treated as such. 

 

Ladies and Gentlemen, I shall detain you no longer save to reiterate that the expectation is that our discussion will be conducted in an amicable, fair and constructive manner. 

Thank you.