The Cook Islands' pearl industry has opposed
government plans to impose a tax on black pearl exports because they felt
it would push the price up and place the Cook Islands at an unfair disadvantage
against its closest rivals in Tahiti.
According to reports from the Cook Islands
news service, the plans to tax black pearl exports was proposed as part
of the government's strategy to obtain additional revenue to fund an international
marketing and promotions programme for the industry of around $100,000.
Currently Tahiti levies a tax of US$2.00
per gramme of exported black pearls - a pearl weighs around two grammes
on average and it helps finance the country's multi-million dollar marketing
programme. Some officials from the Cook Islands goverment have argued
that the country's black pearl industry, the third largest in the Cook
Islands, could afford to contribute towards its marketing programme and
concessions for stakeholders have already been discussed.
Producers put their argument forward at the
first of a series of planned meetings between the industry and the government
organised by the Development Investment Board/Small Business Enterprise
Centre Task Force last week. First things first said the members and associates
of the Pearl Guild who are insistent that the Task Force should fully
understand issues surrounding production itself before tackling marketing
and branding schemes.