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06 Mar
In a bold initiative aimed at transforming Grenada's agricultural sector, Prime Minister Dickon Mitchell has proposed discontinuing the export of nutmeg and chocolate from the island, renowned as the "Spice Isle."
Mitchell presented his vision, dubbed "Vision 75," during an address on Monday evening, outlining a roadmap for the country's development over the next 25 years. Emphasizing agriculture as a crucial component, he stressed the importance of Grenada's self-sufficiency in food production.
Grenada's Reputation
Highlighting Grenada's reputation for producing superior nutmegs, Mitchell questioned the wisdom of exporting raw nutmegs, which, he argued, has yet to generate significant employment opportunities locally over the past century.
Nutmeg, long celebrated as a cornerstone of Grenada's exports, has faced challenges in recent decades, particularly following the extensive damage caused by Hurricane Ivan, which decimated over 90 percent of fruit-bearing trees.
While acknowledging the versatility of nutmeg fruit in industries such as food, medicine, and cosmetics, Mitchell revealed discussions with the Grenada Cooperative Nutmeg Association (GCNA) regarding a cease of raw nutmeg exports.
He proposed government collaboration with the GCNA to secure financing for two years to purchase and stockpile raw nutmegs, eventually establishing a local processing plant for value-added products like nutmeg oil, syrups, and fats.
What Sectors Do They Compete In
Mitchell emphasized Grenada's focus on competing in value-added sectors rather than volume-driven markets, drawing parallels with initiatives undertaken by major cocoa-producing nations like Ghana and Ivory Coast.
He highlighted Grenada's existing local chocolate production industry, exemplified by the world-renowned Belmont Estate, which practices sustainable bean-to-bar production methods.
CITED: www.loopnews.com, www.caribbeannewsnow.com, www.caribbeantoday.com