Ejercito urges caution in sugar industry liberalization

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Ejercito urges caution in sugar industry liberalization
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Senator JV Ejercito urged the government to be more cautious in allowing sweetened beverage makers to directly import sugar as groups warned this move could adversely affect the people whose livelihood is dependent on the said product. | JEMendozaINQ

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“I believe that we should take caution in rushing this proposal. Further consultations and dialogues need to take place to address the deluge of complaints from the sugar industry,” Ejercito said in a statement.“We must first study all possible implications of this proposal and ensure a win-win solution for all stakeholders,” he added. “I personally think that there is no better time for different sectors to work together in strengthening our sugar industry and our agricultural sector at large.

Finance Secretary Benjamin Diokno had called for the government to allow manufacturers to directly import their sugar needs, in line with the Department of Finance’s proposal to i

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