Government of Saint Luca

Go to Homepage

[Feedback]

[Contact Us]

Search this Site

Banana Farmers to Benefit from Concessions Again

horizontal rule

Governor General
Prime Minister
The Cabinet
The Senate
House of Assembly
St. Lucia Ambassadors
The Constitution
The Staff Orders

National Television Network

Saint Lucia Gazette
Press Releases
Speeches
Features
Notices
Vacancies

Saint Lucia 25th Independence Celebrations

About Saint Lucia
Frequently Asked Questions
Web Links
Government Directory
Browse by Agency
Site Help

 

By John Emmanuel

October 7, 1999 - With almost immediate effect, banana farmers island-wide will once again begin benefiting from concessions offered by Government.

According to Permanent Secretary in the Ministry of Agriculture, Dr. James Fletcher, farmers regardless of which company they are allied to, will benefit from the concessions on the importation on inputs for a two-year period beginning August 1, 1999 - July 31 2001.

"It means that farmer will enjoy duty-free concessions on all inputs for use in the banana industry, be it fertilizers, pesticides, you name they'll get it. There is a very comprehensive list of inputs that will now be allowed to be imported duty-free."

Dr. Fletcher notes that there is a cost associated with the concessions since government will forgo customs duties on those imports. "Government has determined that in an effort to make the industry more cost effective and in an effort to increase competitiveness, itís a sacrifice that needs to be made."

The granting of the concessions he says reflects government's commitment and continued support to the banana industry. The concessions were halted following the privatization of the banana industry, and inability on the part of the SLBC to transfer the concessions to the Fertilizer Company -SCIC.

Discussions between the Ministry and SCIC are to get underway shortly.

 

horizontal rule

Home ] Up ] Search for Press Releases 1999 ] [Site Help]

© 2001 Government Information Service. All rights reserved.

Read our privacy guidelines.