Caribbean, Caribbean Agriculture, coconut industry, european union, News, St Lucia, World -

The Caribbean Coconut Industry Will Now Be Funded by the European Union

Caribbean, Caribbean Agriculture, coconut industry, european union, News, St Lucia, World -

The Caribbean Coconut Industry Will Now Be Funded by the European Union

Coconut_treeCASTRIES, St Lucia (CMC) — The European Union is financing a project aimed at enhancing the competitiveness of small-scale coconut farmers by identifying market opportunities, creating synergies between national and regional programmes and improving access to advisory services for improved production.

The Caribbean Agricultural Research and Development Institute (CARDI) in partnership with the Geneva-based International Trade Centre (ITC) and the EU are implementing the Euro3.5 million (One Euro=US$1.29 cents) project.

The project will be undertaken in nine Caribbean Forum (CARIFORUM) countries.

CARDI said that within recent years the demand for coconuts and coconut bi-products has skyrocketed on both the regional and world markets.

“Many Caribbean countries have been unable to satisfy this growing demand due to setbacks experienced by industries in the early 1980s. Principal among these have been the loss of international markets for traditional products, loss of consumer confidence, aging populations and growing pest and disease problems.”

CARDI said it welcomed the support to revitalise the coconut industry in the Caribbean because of its “significant potential to contribute to economic development and poverty reduction in the benefiting countries”.

Phase one of the project will engage national stakeholders in formulating road maps for market-led development of the coconut and coconut products sector, as well as to agree on implementation plans.

Source: jamaicaobserver.com


Leave a comment

Related Posts

Yogurt shop owner boots Black social worker and the cops issue weak mea culpa
Seattle-area police are now apologizing for an incident that led to officers helping the owner of a frozen yogurt sho...
Read More
Rep. Marcia Fudge under fire after letter of support for abusive judge accused of murdering his wife surfaces
Congresswoman Marcia Fudge (D-OH-11th District) seems to have hopes of becoming the next Speaker of the House, but th...
Read More
Overheard Jay-Z lyric convinces paranoid neighbor Black man is abusing partner — yep, he calls cops
A Black man at home minding his business and jamming to some old-school hip hop, had the cops called on him because h...
Read More
Kotaku Ninja Keeps Reporting Fortnite Rivals, And It’s Not Sitting Well With Fans | Jalopnik Califor
Kotaku Ninja Keeps Reporting Fortnite Rivals, And It’s Not Sitting Well With Fans | Jalopnik California Car Dealers A...
Read More

Tags