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GEORGETOWN, Guyana (AP) — The European Union is giving Guyana a $39.5 million grant to boost sugar production and renovate factories in the South American country.

A statement from the EU Tuesday says that it will sign the deal with state-owned Guyana Sugar Corporation in coming weeks.

Guyana is the Caribbean's largest sugar exporter, but its production has been affected by strikes, bad weather and a malfunctioning, $200 million Chinese-built factory. Last year, Guyana had the lowest production in a decade with only 219,000 tons (199,000 metric tons).

Guyana is one of four Caricom trade bloc countries still exporting sugar to the EU and the U.S. It is still recovering from a 2005 EU decision to cut import prices for raw sugar by up to 36 percent.

http://www.canadianbusiness.co...oduction-aid-from-eu

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quote:
Originally posted by Ramakant_p:
As canecutters leave the country for greener pastures then Production of sugar will drop..

There is a great opportunity for APNU supporters to take to the cane fields instead of marching .

why don't you shut up? As those canecutters started trading in cocaine they stopped working for peanuts. That's the real reason production drop. More Indian canecutters abandoned the canefield than any other race.
Mr.T
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


Who is "We" ? Do you live in Guyana and contribute to its development?
FM
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.

That will take a generation or more. Most Guyanese are accustomed to foreign aid of some sort, even if it is called reparation or bribe.
Mr.T
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


Why worry bai. Once collie pan tap abe happy. Abe sissy and buddy gee abe money and white man gee aid. Abe happy once abe pan tap.
FM
quote:
Originally posted by Pooran_Lall:
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


Why worry bai. Once collie pan tap abe happy. Abe sissy and buddy gee abe money and white man gee aid. Abe happy once abe pan tap.

Abie coolie gah nuff headache, when abie nat pon tap, den abie deh battam. Rememba pre-1992.
FM
quote:
Originally posted by Sledgehammer:
quote:
Originally posted by Pooran_Lall:
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


Why worry bai. Once collie pan tap abe happy. Abe sissy and buddy gee abe money and white man gee aid. Abe happy once abe pan tap.

Abie coolie gah nuff headache, when abie nat pon tap, den abie deh battam. Rememba pre-1992.


Bai...meh nah believe coolie ever deh put a battam in PNC daze. Abe had numbers and abe religion. Abe bin a do business and struggle and fowl bin a sell. Abe face discrimination fuh government wuk...but dah nah pay money. Abe coolie government nah want abe join army now. Meh nah kay who rule Guyana bai...Abe will do great tings. Meh buddy bin get 10 GEC all grade A unda Burnham. Dah bai get e own schalarship. He nah bin need Farbes and Cheddie communist schalarship.
FM
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


That is the legacy of Jagdeo and the PPP govt. They did a good job of begging for debt relief and aid. They did "didly squat" to grow and develop the economy.
FM
You are evr more blind than a Bat. India ah clean eye cheap. ask Varshanis to tek yuh to India to clean yuh eye.
quote:
Originally posted by FC:
quote:
Originally posted by Billy Ram Balgobin:
This country has to build its economy and stop boasting about aid coming from other countries. We don't want to be nation reaching out all the time for handouts. It's about time we stand on our feet and stop going around with a begging bowl.


That is the legacy of Jagdeo and the PPP govt. They did a good job of begging for debt relief and aid. They did "didly squat" to grow and develop the economy.
Nehru
quote:
Originally posted by FC:
That is the legacy of Jagdeo and the PPP govt. They did a good job of begging for debt relief and aid. They did "didly squat" to grow and develop the economy.


FC:

Did you say Jagdeo and the PPP government did "didly squat" to grow and develop the country ?

HOGWASH! That is total nonsense and foolishness you're writing.

WHICH ROCK HAVE YOU BEEN LIVING UNDER FC ?

Barath Jagdeo and the PPP have been very amenable to private sector investments in Guyana---it is private sector investments that will be the engine for growth in Guyana going forward.


RE: PRIVATE SECTOR INVESTMENTS IN GUYANA

Check out a few:

* GOLD--There is a billion dollar Canadian gold mining project that will come on line in 2014--aurora mine, etc.

* MANGANESE--There is a 250 million Canadian manganese project that will come on line within the next 2 years

* BAUXITE---Russian aluminium giant Ruscal will be ramping up production of bauxite in Berbice soon---2 million to 10 million tons

* OIL---Shell oil, exxon mobil, Tullow, Repsol, CGX---they are all spending tens of millions in the oil secotr.

So FC--cut the nonsense about Jagdeo and the PPP doing nothing to develop Guyana---they have encouraged private investments---and in the social sector---lots of schools, health clinics, etc, etc


You clearly miss the days when the PNC raped, ruined and bankrupted Guyana.

Rev
FM

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