Outcome of Banana Wars...

The FT reports (http://news.ft.com/reports/mauritius2006) on Mauritius, an ACP country off the eastern coast of Africa. Google earth wouldn’t even focus to the street level it is so ‘out there’. Apparently they are filling 38% of EU’s quota on Sugar from their primary cash crop, sugar cane. The EU is reducing the cost of sugar with the ending of the Multi-Fiber Arrangement, which guaranteed Mauritius and other countries access to the European market.

 

Accenture and Infosys have setup shop and they are encouraging more technical development; off shore universities are being encouraged to have a campus on the island. Therefore there are alternatives to European support of these places, but I wonder if this is an exception.