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By Gary EleazarA Partnership for National Unity (APNU) yesterday dedicated its weekly media engagement to addressing the state of affairs in the sugar industry, and according to Shadow Minister with responsibility for Agriculture, Dr Rupert Roopnaraine, the perplexing usage of funds has evoked serious concerns among interested parties.He said that the 10-party coalition will now be using its political weight to push for the immediate reconstitution of the Board of Directors for the Guyana Sugar Corporation (GuySuCo),Dwight Howard Hawks Jersey, as well as a Commission of Inquiry (COI) into the operations of the industry.Dr Roopnaraine said that the answer to GuySuCo’s chronic state cannot be annual bailouts, and added that through informal talks with representatives of the European Union (EU), he has learnt there is “distress” that the money flowing to assist Guyana as a result of the price cuts has not been utilized as intended.Anthony Vieira (right) makes a point as APNU Parliamentarian Dr Rupert Roopnaraine (centre) and Executive Member,Cheap Jerseys From China, Lance Carberry, listen attentively.“It remains a mystery why the compensation funds from the European Union are not being dedicated to the sugar industry; including the cane farmers…I know the EU is itself rather distressed about the way in which the funds are being handled, it remains a mystery, including a mystery to people within GuySuCo.”Roopnaraine reminded that government’s explanation for the way the money is being used is that it is deposited in the Consolidated Fund to form part of the pool of national resources which is then allocated across the various sectors for expenditure. He pointed out that between 2006 and 2012, Guyana received just about $24.7B from the EU.Finance Minister Dr Ashni Singh yesterday signed for the receipt of another $6.4B in support from the EU, as a result of the cut in the preferential prices that had been paid for sugar.Anthony Vieira, an APNU member and former Shadow Agriculture Minister, suggested that utilizing the EU money for a substantial injection of cash would make much more sense than to annually fund losses by the company through minimal bailouts.On the Terms of Reference being called for as regards the call for an inquiry into the operations of the sugar industry, Dr Roopnaraine said,Jerseys From China, “It’s quite simple, what we want is a very intensive scrutiny of sugar industry…We would like to understand where the present decline set in, what have been the factors influencing that decline…”He said too that the COI into the industry should also identify what efforts would have been made to reverse the decline, and why it has failed.He drew reference to the fact that there have been several turn-around plans, and what he described as “well-intentioned moves” by the GuySuCo Board, “but the fact of the matter is that none of this has in fact prevented the industry from arriving at its present disastrous state.”The APNU team, which also included Executive Member, Lance Carberry, drew reference to statements issued by President of the Guyana Agricultural and General Workers’ Union (GAWU), Komal Chand, who lamented the current recovery strategy for GuySuCo, in light of the significant shortfall in production from its first crop.According to APNU, reports of the first crop yield indicate that only 48,000 tonnes had been achieved – falling short by some 23,000 tonnes.GuySuCo, in reaction, decided to adjust its harvesting timetable,Cheap Sports Jerseys, “bringing its first crop to a premature close in order to begin the second crop earlier.”Chand in response has indicated that the strategy will not yield the desired results,Adrian Wilson Cardinals Jersey, as there isn’t enough cane in the fields.It is widely believed that the industry will not achieve its target of 171,000 tonnes for the second crop. In fact, according to Vieira, his feedback from the GAWU Executive is that the company will not even achieve 148,000 tonnes from that crop.Vieira indicated that the amount,Andrew Desjardins Jersey, 148,000 tonnes represents the limit to meet market obligations, and it is unlikely that even this will be achieved.Vieira opined that based on all available data and projections, Guyana will have to import sugar to meet its demands and satisfy its markets.“I would say 148,000 tonnes looks not very achievable and certainly not 171,000 tonnes….I believe that it may very well be possible that we will have to import (sugar).”