In a strategic move to combat the rampant contraband sugar trade, Belize is considering a significant adjustment to local sugar prices. Marco Osorio, Chairman of the Sugar Industry Control Board, has highlighted the persistent issue of smuggling, driven by the substantial price disparities between Belize and its neighboring countries, Mexico and Guatemala. Osorio suggests that increasing domestic sugar prices could potentially reduce the flow of illegal trade, though he acknowledges that it may not completely eradicate the problem. The illicit sugar trade primarily benefits smugglers, leaving local farmers and the sugar industry at a disadvantage. As the government deliberates on the proposed price adjustments, the industry remains hopeful that this measure will provide some much-needed relief and stability.