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Why would sugar-exporter Fiji import sugar?

May 1, 2008

Because the European Union has agreed to buy 229,000 tonnes of Fiji-grown sugar, at prices above the world market.  That might leave Fiji without enough sugar for domestic consumption, so they’re importing 45,000 tonnes from India. I bet those Indian producers would like that premium price.  (Unfortunately, the article in source fijilive.com doesn’t specify exactly what the prices are.

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