Bacolod SP vs sugar import liberalization

first_imgHowever, Lopez said the measure wouldlead “to the death of the industry.”“The unregulated entry of subsidized sugar will lead to disruption in theentire sugar production value chain and up-stream and down-stream industriesserving the sugar industry,” the councilor said. BACOLOD City – The SangguniangPanlungsod (SP) here passed a resolution addressed to the Sugar RegulatoryAdministration opposing the planned liberalization of sugar importation. Lopez explained the unregulated entryof subsidized imported sugar will depress prices and imperil the livelihood ofsmall farmers, agrarian reform beneficiaries and workers. He noted that various province acrossthe country have issued their respective resolutions opposing theliberalization and strongly urging the economic managers to reconsider theliberalization and complete deregulation of the sugar industry./PN “We have to note the social impact ofthis proposal on the people who could be easily convinced to resort toinsurgence the moment life becomes difficult for them,” he added. Earlier, Budget Secretary Benjamin Diokno has opened the possibility ofderegulating the country’s sugar importation to bring down its retail cost inthe markets. This will pave the way to the rise ofinsurgency in those areas, Lopez said. Councilor Carlos Jose Lopez, author ofthe resolution, said “the unregulated entry of imported sugar will cause socialunrest and deterioration of peace and order situation in communitiessurrounding the farms and mills.”last_img

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