News
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JMA concerned about impact of lowered import duties
THE Jamaica Manufacturers' Association (JMA) yesterday joined the agricultural sector in expressing concern regarding the proposed reduction in the Common External Tariff (CET). “If duties are reduced, this will threaten the existence of several locally manufactured products, which will have implications for agriculture as well as the socio-economic health of the country,” said a statement issued yesterday by the JMA.…
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Jamaica Ethanol shuts down plant, cuts 31 jobs
JAMAICA Ethanol Processing has shut down its ethanol plant and terminated 31 jobs after 26 years in the business. The move was completed last week after three consecutive years of rising input costs helped to sever margins and drive the company out of an ethanol market in which it started operating long before the other two operators in Jamaica —…
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Caribbean Export to help Regional Food Producers with €500,000 Special Assistance Programme (EDF)
CARIFORUM food exporters will benefit from some much needed assistance when the Caribbean Export Development Agency rolls out a €500,000 Special Assistance Programme funded under the 10th EDF programme of the European Union (EU), to help prepare them for existing and anticipated food safety regulations in key export markets. CARIFORUM food exporters will benefit from some much needed assistance when…
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We are rapidly mortgaging our food sovereignty – George
Over the past years there has been a significant decline in traditional exports to the European Union (EU) while our extra-regional food import bill is estimated at around $3.5 to $4 billion US dollars annually. That’s according to Acting Prime Minister Ambrose George who was at the time addressing the opening ceremony of the Climate Change and Science and Technology…
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Caribbean Airlines luring agro-exporters with new cargo deal
Regional air carrier Caribbean Airlines Limited (CAL) is looking to expand its air cargo lift out of Guyana; and is offering, as a promotional incentive to local agricultural exporters, a 15 per cent reduction in freight charges until the end of this year. But while Guyanese exporters welcome this incentive, there are many concerns about the service, especially as regards…
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CARICOM seeks heightened cooperation with IICA
Secretary-General of the Caribbean Community (CARICOM) Ambassador Irwin LaRocque this week welcomed the Director General of the Inter-American Institute for Co-operation on Agriculture (IICA) Dr Victor Villalobos as his first visitor from an institution since assuming office on August 15. “I believe that it is not insignificant that the first visit to me as Secretary-General is from the head of…
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Agri ministry inks CDN$5M food security research project
In an effort to increase food production, improve nutrition, and achieve a Professor Chandra A. Madramootoo of Mc Gill University (left) inking documents with Permanent Secretary of the Agriculture Ministry, George Jervis reduction in the food import bill within the Caribbean, Guyana, like other countries is moving purposefully in a positive direction A CDN$5M project was yesterday awarded to the…
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