St. Kitts – Nevis Fish Processing Business
Photo By Erasmus Williams
Basseterre, Saint Kitts – Nevis
May 21, 2008 (CUOPM)
St. Kitts and Nevis says that the long-term solution to food security and increasing food prices in the twin-island federation as a result of global food price crisis, is not price control or even reduced consumption taxes.
“If we are to attain food security and to protect ourselves from escalating food prices in international markets, we must produce and consume more local agricultural products. In fact, I contend that if my Government had not already taken action to increase food production the impact on our Federation of the international food crisis would have been even more severe,” said St. Kitts and Nevis Prime Minister Dr. Denzil L. Douglas.
He said that the global food price crisis that is a major source of worry for policy makers all over the world demonstrates quite clearly that the allocation of resources to the development of the agricultural sector must continue.
“Indeed the Millennium Development Goals established by the International Community for the substantial reduction of poverty in developing countries by 2015 are being placed in jeopardy by the dramatic increases in food prices in recent years,” said Prime Minister Douglas.
He said that the global statistics in respect of food prices are frightening and recalled several measures taken by his Labour Administration to deal with the crisis.
