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an agreement signed to lower the price of certain food products by “20% on average”

The State announced on the evening of October 16 that it had signed an agreement, particularly with distributors, to reduce “ 20 % on average » food prices in , where for more than a month there has been a strong mobilization against the high cost of living. But the agreement was not signed by the collective Rally for the Protection of Afro-Caribbean Peoples and Resources (RPPRAC), at the origin of the mobilization.

The protocol of objectives and means of combating the cost of living in Martiniquewas signed by the State, the Territorial Collectivity of Martinique, parliamentarians, distributors (hypermarkets and supermarkets in particular), wholesalers, and the Grand Maritime Port. On the island, food prices are currently 40% more expensive than in .

This agreement, snatched at the end of a seventh round of negotiationsprovides for a reduction of 20% on average in the sales prices currently applied on a list of 54 product families corresponding to the most consumed food products.

This price reduction will be the result of reductions in purchasing and transport costs for the 6,000 imported food products, as well as a firm and obligatory commitment from major distributors to significantly reduce their margins on the sale of these products.

A reduction considered insufficient

The signed agreement should therefore not calm the situation. The collective is very excited and seems determined to continue its movement.

Read more on RFI

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