Barbados welcomes new rum agreement
May 29, 2013
BRIDGETOWN, Barbados, CMC – The Barbados government has welcomed the agreement signed by Foursquare Rum Distillery to distill, blend and bottle a brand of rum known as “10 Cane’ which officials say is expected to rake in BDS$100 million (One Barbados dollar = US$0.50 cents) in foreign exchange.
“Rum is a distinct Barbadian product and I believe that we are the home of rum, and that is something that I don’t think we have fully capitalised on as yet.
“There is still much more to be gained…I commend the Chairman and management of Foursquare Distilleries for their work in getting us to this point today where we can really boast and celebrate this new contract being worked out with Hennessy,” said Industry Minister, Donville Inniss.
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