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flag Belize sugar farmers face $11M in lost Fair Trade premiums if they drop lawsuit against BSI, despite Prime Minister’s $1M offer.

flag A proposed settlement between Belize’s Sugar Farmers’ Association and BSI could cost farmers $11 million in unpaid Fair Trade premiums, as it requires dropping legal claims without compensation. flag Prime Minister John Briceño offers $1 million in fertilizer and monthly support, but only if the lawsuit is abandoned. flag The association’s attorney warns the deal provides no remedy for past losses and could allow future payment withholdings. flag The High Court previously ruled farmers can sue multinational companies in Belizean courts. flag While some leaders support the proposal, Vice Chairman Alfredo Ortega opposes it, citing long-term risks. flag An emergency meeting is set for Sunday to discuss the terms.

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