Small islands call for economic revitalisation as sugar prices fall

27 Nov, 2005

With a reduction in sugar prices threatening the economies of sugar-producing small island developing states (SIDS), their top officials have called on the World Trade Organisation (WTO) Ministerial Conference, meeting in Hong Kong next month, to pay greater attention to the 'special needs and specifies of small states.'
After a one-day Summit meeting at the United Nations Food and Agriculture Organisation's (FAO) Rome headquarters on Friday.
Seven Heads of State and Government and some 60 Agriculture Ministers and government officials representing 30 SIDS countries emphasised that the small countries have a right to receive 'special and differential treatment,' according to a press release issued in New York.
There must be a lower cut in the price of sugar than the European Commission has proposed under trade rules and that the overall cut must be phased in over a longer period of time, they said.
In addition, recognising the support extended to European Union (EU) farmers and processors, they called for comparable funding to help SIDS adjust to the new challenges.
The Rome Declaration also called for increased coherence between trade policy and national development policies.
The leaders called for the revitalisation of traditional and indigenous food systems, as well as responsible fisheries and sustainable forest management so as to increase their economic, social and environmental resilience.

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