ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Problems and Prospects of Sugar Industry

be reduced and the existence of an industry will have a direct relevance and meaning to the people living in the area. SMIORE has always followed this policy and has been fully conscious of its social responsibilities. Its activity in the field of education, rural development and public welfare A new International Sugar Agreement was concluded in early October at Geneva after concerted efforts made jointly by the sugar-exporting and importing countries over a period of a few months. It is the first commodity agreement arrived at, after the Nairobi session of UNCTAD and can be regarded as a pacesetter for other commodities. Indeed it is a vindication of the determination of the international community to establish a more stable commodity market.

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