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Proposal to fix sugar prices
posted on: Mar 27 2010 17:45 by Royston. Viewed 303 times.
The row over sugar supply and pricing has not diminished since the announcement of 60,000 tons being imported to help satisfy demand.
The director of the National Institute of Protection of Consumer Rights, Pro Consumidor, considers it essential and urgent for the Dominican Sugar Institute (INAZUCAR) to fix the market price of a pound of sugar in order to prevent profiteering by unscrupulous businesses.
Altagracia Paulino, the head of Pro Consumidor, is proposing to encourage consumers not to pay more than the price legally set by INAZUCAR.
The request was made through a communication sent recently to the director of INAZUCAR Faustino Jimenez, as a result of hundreds of complaints received by Pro Consumidor on the rising price of sugar, caused by speculative traders to the detriment of consumers.
"We have ways to avoid this illegal practice, which contravenes Law 358-05 on the Protection of the Rights of the consumer and we must act accordingly," he said.
Paulino said that INAZUCAR resolution 06-2009 and Law 619 of February 16, 1965 authorizes the Dominican Sugar Institute to set the selling price of sugar for domestic consumption.
He said that Articles 22 and 135 of Law 358-05 provides that: the Executive Director of Pro Consumidor is empowered to represent the interests of the consumer before any kind of authority, public or private, through the exercise of any actions, resources, procedures or steps that are required.
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