News International Sugar Journal

Guyana secures Euro23.4million in sugar support from EU [Registered]

Guyana signed Euros 23.4million financing agreement on 20th June 2013 as part of Europe’s continuing Sugar Support Programme. The funds will be disbursed for the 2012/2013 program and will see Guyana drawing down on Euros 115 million since the program started back in 2006. Earlier this year, EU said that since 2006, when the program started, it made available Euros91.5 million to Guyana. These supports have assisted the Guyana National Action Plan (GNAP), which focuses on adaptation of the sugar industry by measures which include the upgrading of sugar factories, adding value through sugar packaging and co-generation of power, increasing…

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