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Monday, 20 March 2017 17:29

Closure Of Caroni Green Not An Attack On Workers

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The Minister of Agriculture, Land and Fisheries Clarence Rambharat said the closure of Caroni Green Limited is not an "attack on workers."

He said it was the responsible thing to do, given the State Company's broken business model and poor performance over the last three years.

Minister Rambharat defended Government's decision to shut the company saying Caroni Green Limited was a reboot of the failed Caroni Green Initiative which was created by the People's Partnership administration in 2013 to rent and cultivate former Caroni Lands.

The Minister said that Caroni Green did not earn a dollar of foreign exchange.

He admitted that some buyers of CGL's highly subsidised hot peppers may have had some exports, but the majority was sold on the local market, stifling smaller farmers.

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