Caribbean Concerned Over EC Sugar Reform Proposals
CARIBBEAN CONCERNED OVER EC SUGAR REFORM PROPOSALS Steep Price Cuts to have Devastating Effect on Region’s Fragile Economies CHRIST CHURCH, BARBADOS – The European Commission unveiled plans Wednesday (June 22) for an overhaul of the Common Market Organisation for sugar. The Commission reform proposals cut guaranteed prices, totalling 39 percent in the price of white sugar over a period of four years.