Despite the magnanimous efforts of Mahen, Pramesh Chand and Khaiyum, their hidden agenda to secretly revive the ailing sugar industry in Fiji may have just come to a screeching halt!
Fiji Live reports that the EU has confirmed it will not give Fiji the $350m they had promised to the Qarase government.
Instead the illegal IG will now only receive $113m from the EU.
The EU has also confirmed it will reduce export prices and buy processed sugar from Fiji by up to 36 percent less by 2009.
How the sugar industry is expected to survive this (hydrogen) bombshell is beyond me.
I guess the IG is only now beginning to find out that the wages of political sin is economic death.
1 comment:
Good luck. Serves them right. Let's all fasten our seatbelts and be ready for the worst. Don't worry, the otas, yams,bats,etc. are plentiful. Survival of the fittest, se va'cava?
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