Agriculture
other international and regional markets. Evidently, the GCNA was unable to meet demands on of the world’s market for nutmegs due to inadequate supply. The maintenance of the GCNA market share is a critical issue, however, the Association attempted and has been successful in maintaining its status as the leading supplier of high quality nutmegs. In future, emphasis must be placed on adherence to international quality standards in order to ensure consistent high quality production. The industry remains critical, not only for rural development, but national development as well. Export of nutmeg and mace once held preeminence as the highest export commodity and represented over 65% of all agricultural exports in 2003 which generated revenue of EC$39.5 million (Central Statistics Office 2008; Pannel Kerr Foster 2008). Income from nutmeg export decreased in 2008 to a meager EC$6.5 million (Pannel Kerr Foster 2008). In 2008, rural communities received advances in the amount of $3 million, while in previous years, these communities received as much as EC$2 million per parish. Nutmeg’s Future The development of the nutmeg industry in Grenada is essential for Economic Development. All stakeholders would be required to work forcefully
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