STRENGTHENING the buyer and seller relationship between the FSC and Tate and Lyle Sugars was the main objective of a tree planting ceremony at the corporation's head office in Lautoka yesterday.
In his address, FSC deputy chairman Marika Gaunavou said this relationship dated back to the colonial era.
"The current sales contract with Tate and Lyle runs till 2015 and Fiji also has the option to sell part of its sugar to other buyers in the European Union (EU) market should it wish to do so," Mr Gaunavou said.
"Under the current contract with Tate and Lyle, Fiji is able to earn additional premium of $US60 ($F114) per tonne for about 60,000 tonnes of its sugar sold under the Fairtrade banner.
"Apart from the Fairtrade premium which is paid direct to the Cane Producers Association account, FSC has also benefitted through the provision of technical assistance from Tate and Lyle Sugars."