US accused of hypocrisy in sugar policy towards Caribbean
A major think thank has accused the United States of hypocrisy in its sugar policy towards the Caribbean.
The Council on Hemispheric Affairs says while Washington pushes economic openness for other nations, including the Caribbean, it actively employs protectionist policies when it comes to its own closely-held economy.
According to the Council, this is especially true with sugar.
The Council says the US government heavily subsidises its sugar sector, imposes quotas on sugar imports, and then hectors developing countries on the wisdom of cutting back on their own subsidies.
According to the Council, these measures protect private US sugar producers from foreign competition, allowing them to seek unreasonably high prices in the US market.
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