EU corrects sugar aid figure

The European Union (EU) yesterday corrected figures it gave for support for the sugar industry over a seven-year period, saying it was $34.85 billion and not $348.5 billion as was “inadvertently” stated by its Ambassador, Jernej Videtič, last week.

“At the press conference held at the Delegation of the European Union on 29 June 2017, the figure of Euro 166,667,000 was given as the amount granted by the European Union in budget support to the sugar industry in Guyana between 2006 and 2013. While this is the correct figure, the