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As the Government gears up to exit the sugarcane industry and hand it over to the private sector, one of Barbados’ iconic rum producers has suggested the country may have already “missed the boat” on some value-added items from the industry.Sir David Seale, owner of the Foursquare Rum Distillery in St Philip, said he believed Barbados and other regional sugarcane-producing economies should have gone the route of producing packaged sugar several years ago.“I think Barbados and the Caribbean missed the boat. Instead of going bulk sugar, which is selling sugar at the lowest value, you should have gone to packaging and had a high-class packaging industry going with sugar,” he contended in an interview with Barbados TODAY.
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