Fiji Time: 11:20 PM on Monday 27 February

Fiji Times Logo

/ Front page / News

We're out of survival mode, says PM

Shayal Devi
Sunday, May 04, 2014

OVER the past two seasons, the reforms we have made to the sugar industry are showing clear signs of producing a remarkable turnaround.

This was the comment made by Rear Admiral Voreqe Bainimarama during the official launch of two new varieties of sugar cane in Ba on Friday.

"We're no longer in survival mode just trying to keep the industry from sliding over the edge but developing a long-term strategy to ensure that sugar cane continues to provide sustainable livelihoods for ordinary Fijians in the industry and maintains its position as our nation's second biggest export earner," he said.

"Sticking to that strategy is crucial because in today's world, the global trading environment for sugar is marked by unstable prices and market fluctuations.

"For a small player like Fiji, this presents serious challenges and uncertainty, especially without preferential access to international markets."

Rear Admiral Bainimarama said those challenges were not insurmountable.

"It just means that we can't be complacent or rely on the old ways of doing things.

"We have to be smarter, more adaptable, constantly on the lookout for opportunities, constantly able to change. And we have to be strategic and plan for the future.

"To this end, we are actively engaged in tough negotiations with the European Union for continuing access for our raw sugar exports.

"On the domestic front, we have ambitious plans for the future to increase production, boost efficiency and diversify the industry.

"We are adopting a holistic approach to reform in the Sugar Industry Decree that the government is currently formulating.

"This is because all aspects of the industry are inter-dependent and there is no point in reforming some and not the others."








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64190.6229
JPY 55.540852.5408
GBP 0.39140.3834
EUR 0.46310.4511
NZD 0.68740.6544
AUD 0.64160.6166
USD 0.49190.4749

from

$0.00

Exchange Rate updated on 27th February, 2017

Today's Most Read Stories

  1. Unpractical
  2. Dedication and sacrifice
  3. 'Vanua' politics
  4. 48 crested iguanas released in the wild
  5. Double lanes
  6. Worthwhile experience for couple
  7. Koromakawa — the home of Danfords
  8. High risk areas for dengue fever identified
  9. Treated water for villagers
  10. Plans drawn up

Top Stories this Week

  1. School girl, 14, dies Saturday (25 Feb)
  2. 2 dead in 48 hours Wednesday (22 Feb)
  3. Qoro resigns as exchange boss Tuesday (21 Feb)
  4. $30,000 richer Thursday (23 Feb)
  5. Locally owned health centre begins operation Friday (24 Feb)
  6. Bravery medal for boy, 6 Saturday (25 Feb)
  7. Angry passengers disembark from smoke-filled bus Sunday (26 Feb)
  8. The first settlers of Gau Sunday (26 Feb)
  9. 5.1 magnitude earthquake occurs in local region Sunday (26 Feb)
  10. PM: Roads 'one of the worst' Saturday (25 Feb)