The ISO welcomes Madagascar as 88th member state
Published: 05/01/2014, 4:06:35 PM
Madagascar is a medium-size African cane sugar producer. In recent past the country has produced 65-90,000 tonnes of sugar a year. Currently the country is not able to cover its demand of around 170,000 tonnes a year by domestic production and has to import mostly white sugar from the world market. Madagascar’s accession is particularly welcome, as it further strengthens Sub-Sahara Africa’s membership in the Organization.
The 88 member-states of the ISO represent 86 % of world sugar production, 69 % of world consumption, 95 % of world exports and 41 % of world imports.