|Dr. Frank Ward|
This was made clear by chairman of WIRSPA, Dr Frank Ward, in a release issued this morning (August 20) in which he stressed that the matter required urgent action and early resolution if the rum industry of the Caribbean Forum countries (the Caribbean Community plus the Dominican Republic) were to survive in their present form.
Dr Ward also made veiled opposition to the recently publicised stance by multinational rum producer Diageo that it might re-think its operations in the wider Caribbean if the Caribbean did not stop agitating for an end to the USVI incentives that allowed Diageo’s rum to flow into the US market at a cheaper price than WIRSPA’s member could offer, which Diageo strongly denied was the case.
“Documented threats have recently been made in public against the rum industry in CARIFORUM countries. Such an approach threatens Caribbean economic sovereignty and suggests a failure by those involved to understand how small nations and their communities react to external hostility whether from multinationals or from governments. Such an approach will only strengthen Caribbean resolve,” stated Ward.
Read more: http://www.caribbean360.com/index.php/news/barbados_news/608248.html#ixzz24CHJYj4t