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Sugar industry was doomed to fail

By Raffique Shah
Submitted: July 26, 2016
Published: August 01, 2016

Raffique ShahTrinidad & Tobago, as a very inefficient producer of sugar, relying heavily on preferential, prices for the commodity from Britain, and later the European Union, should have scaled back sugar production from the 1970s when the industry’s losses mounted year after year, soon to reach uncontrollable levels.
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