Caribbean sugar producers urged to secure regional markets through tariffs

As Caribbean sugar producers prepare to face the end of the European Union’s (EU) quota management and the resulting fall in the international sugar price, they are being advised to focus on securing a Caribbean market for Caribbean sugar through the application of tariffs.

The quota management system comes to an end on Septem-ber 30, 2017 and those in the regional sugar industry expect that it will lead to lower prices and a decrease in sugar imports from the African Caribbean and Pacific Countries (ACP). At present, the EU is the largest market for Caribbean sugar.