Stakeholders laud Senate stand on sugar liberalization proposal

in World News

Stakeholders on Tuesday lauded the passing of a Senate resolution opposing the planned liberalization of the sugar industry.

In a news statement, Sugar Regulatory Administration (SRA) Board member Dino Yulo said as representative of the sugar producers, “the overwhelming support of our senators will hopefully allay fears of our stakeholders that the proposed liberalization of the sugar industry will not only be suspended for six months to a year, but will never happen for as long as we have senators who continue to champion the plight of sugar producers and workers, including the millions of others who are dependent on this industry.”

Yulo thanked the Senate for recognizing the importance of the SRA as a vital agency that will look after the welfare of industry stakeholders and the consuming public.

Senate Resolution 213 unanimously approved by senators on Monday urged the Executive department not to pursue the planned liberalization of

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