Caribbean News Now!

About Us Contact Us

Countries/Territories

Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.

Contribute

Submit news and opinion for publication

Subscribe

Click here to receive our daily regional news headlines by email.

Archives

Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin



News from the Caribbean:


Back To Today's News

Barbados working with CARICOM over rum dispute
Published on December 17, 2012 Email To Friend    Print Version

By Cathy Lashley

BRIDGETOWN, Barbados (BGIS) -- The government of Barbados is actively working at the Caribbean Community (CARICOM) as well as international levels to ensure that the island does not face unfair competition with its rum exports.

Prime Minister Freundel Stuart made this clear as he spoke with members of the media following a tour of Foursquare Rum Distillery in St Philip on Friday.

Stuart disclosed that, at present, Puerto Rico and the US Virgin Islands were able to purchase products much cheaper than Caribbean rum producers and, as a result, this gave them an unfair advantage as far as their rum exports were concerned. He said this matter was engaging the attention of CARICOM states and was being "actively" addressed.

He added: "The rum industry is too important to Barbados, and yes it is a CARICOM issue, but I don't think any CARICOM country has any reason to be as concerned about this as Barbados. Rum is assuming an importance for Barbados that we cannot afford to ignore. So, this is a front burner issue and we are following it very closely."

The prime minister disclosed that he recently held lengthy discussions with the US Assistant Secretary of State on the matter and also met with Barbados's ambassador to Washington, John Beale, as well as Barbados's ambassador to CARICOM, Robert ‘Bobby' Morris. Furthermore, he explained that Barbados's ambassador to Geneva, Dr Marion Williams, was also looking into the issue.

"The Council for Trade and Economic Development (COTED) held a meeting last Friday in Guyana and discussed the subsidies ... The two rum producers in Puerto Rico and the US Virgin Islands, [and] the Dominican Republic have become involved in this and it has become a CARICOM issue and we anticipate that, if there is not a reversal or some kind of accommodation, it may have to reach the WTO [World Trade Organisation], but we are waiting for the outcome of a Geneva meeting..." he underlined.

With respect to the performance of the Foursquare Rum Distillery, Stuart congratulated executive chairman, Sir David Seale, on the company's success and noted that the distillery has been making a unique contribution to Barbados' rum industry. Consequently, he said that it was important to him both as "prime minister and as a citizen of Barbados".

He added: "... What has gone on here is really incredible. I just felt that I needed to see how rum is produced... and it is really not fair that I should drink it and not know how it comes into being and when I say drink it I don't mean to excess, but to take a little for the stomach's sake."

Foursquare Rum Distillery is currently exporting products to the United States, Australia, Europe, Russia, and the United Kingdom.
 
Reads: 4224





Click here to receive daily news headlines from Caribbean News Now!



Back...

Comments:

No comments on this topic yet. Be the first one to submit a comment.

Back...

Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Comments:
Enter Code



Please note that, if you are using an AT&T domain email address, e.g. att.net, bellsouth.net, sbcglobal.net, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T





Disclaimer
User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

The Caribbean Writer 2014
Women Entrepreneurs Network of the Caribbean (WENC)


Other Headlines:



Regional Sports: