CARICOM rum producers in talks with US officials
BRIDGETOWN—Caribbean Community (Caricom) rum producing countries are holding high-level talks with the United States on resolving issues surrounding the rum industry in the region, Prime Minister Freundel Stuart announced. A government statement said that Prime Minister Stuart made the announcement as he addressed a ceremony unveiling a commemorative plaque for Mount Gay Distilleries’ New Aging Bond earlier this week. Stuart said the discussions, which are also being attended by officials from the Dominican Republic, were necessary since, within recent time, subsidies had been given to rum producers in the United States Virgin Islands and Puerto Rico, much to the disadvantage of Caribbean rum producers. He said the situation is so serious that Barbados is prepared to take its case to the World Trade Organization (WTO) if a solution is not forthcoming. “The Government of Barbados has had to take a stand on this issue, and under my instructions, the Ministry of Foreign Affairs and Foreign Trade communicated with the US Government on this issue.
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