The Fiji Sugar Corporation has reassured farmers that there is a market for local sugar after concerns raised by farmers that the industry is failing.
Chief executive Deo Saran said that after the European Union pulled out their $3million assistance, the Fiji government has secured a long term agreement with London based company Tate & Lyle.
According to Saran, this deal will see Fiji supply up to 300,000 tonnes of sugar per year until September 30th, 2015.
Saran added that what people need to realize is that at the moment, the corporation is commissioning all the mills around the country and looking at the means of assistance after the January floods.
Meanwhile, FSC is tightlipped on their dealing with the Indian EXIM Bank after they travelled to India late last month seeking a deferment to the $86million loan repayment which was supposed to begin this year.
FSC reassures farmers
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