- Introduction
In last week’s column I had indicated that Guyana’s sugar production, similar to the situation in the rest of Caricom, has been so high cost that it could not survive commercially without the special external marketing arrangements which the region had negotiated under the Commonwealth Sugar Agreement (CSA) and its successor the European Commission – African, Caribbean, Pacific (EC-ACP) Sugar Protocol. Although Guyana has been the largest producer of sugar in the region, Belize has been the lowest-cost producer. Costs across the region have varied enormously. As I pointed out, describing Belize’s cost of production per pound
