Bill aims to revive banana industry

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“Undeniably, the banana industry contributes significantly to our national economy and serves as an important source of income for a big population of Filipino farmers,” Lee said. READ:

A party-list lawmaker has filed a bill seeking revitalize and strengthen the country’s banana industry.

Lee cited the need to pursue research and development of the banana business for its sustainability. This, he said, in light of the fact that fresh bananas are widely in demand worldwide, and being the fourth most important agricultural commodity in developing countries. “Our banana industry is a low-hanging fruit that needs to be picked up and provided with enough support from the government… Continuing research and development on this fruit and export product must be pursued for its sustainability and competitiveness,” he added.Citing the Food and Agriculture Organization of the United Nations, Lee said 90 percent of Asian banana exports originates in the Philippines, which ranks as the second leading global banana exporter worldwide.

 

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