On Thursday 7th February, representatives from consuming and producing states in the OECS are expected to discuss and negotiate arrangements for the pricing and supply of flour in light of escalating prices of that commodity.

The one day meeting which is being convened by the OECS Secretariat will provide an opportunity for involved parties to discuss the bases for and the levels of the price of flour in the OECS as a result of price increases in wheat, fuel and transportation, the main items which impact on the cost of production of flour.

At the end of the meeting Trade and Private Sector Officials expect to agree on a plan of action that addresses the concerns of consumers whilst ensuring that the flour producers can continue to operate within the protective framework of Article 164 of the Revised Treaty of Chaguaramas.

Source: OECS Secretariat