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By Leon SuseranChief Executive Officer of the Demerara Distillers Limited (DDL), Dr Yesu Persaud, has stated that his company has to compete in a highly competitive world whereby many companies that produce wines and liquors receive subsidies from their governments. This is not the case in Guyana and has placed enormous challenges on the distillery.He was speaking to the company’s shareholders at the Annual Shareholders’ Reception on the tarmac of the University of Guyana Berbice Campus (UGBC) at Tain, Corentyne on Sunday.The DDL Board of Directors with CEO, Dr Yesu Persaud at the shareholders’ reception“We do not get subsidies; all the big companies get subsidies throughout,NFL Jerseys Supply, not through their parent companies, but from the countries in which they operate, because there is a ‘kick- back’ to the government”.He said this is “not possible for us in Guyana…You go and ask for subsidies, and you will be thrown out; so we have to stand on our own feet, something we have done and have been doing over the years… and we have done it very well and have reached the stage now where we are considered the Number One brand in the Caribbean, a unique, unique privilege to be in”.Managing Director of DLL, Komal Samaroo, stated that while the company has been earning huge amounts of successes in various arenas, there are the challenges, one of which is mainly the subsidy issue.He stated that in some parts of the world, rums that are being produced by other countries are heavily subsidized by those countries’ governments. “Today,Wholesale Jerseys China, as we sit here, 92 per cent of the rums imported into the USA is subsidised by the governments of the countries in which those rums are produced— 92 per cent!”“We do not get subsidies; we have to compete side by side with the products that are heavily subsidised, and because of these challenges we face, we need to work together and go after every opportunity and we need your support in this market, through friends and families overseas, too”.Dr Persaud added, “We produce the finest Vodka— Ivanoff— nothing but the best— nothing to beat that, and shortly, you will be getting it in a new package and we will be internationalising that product”.A section of the shareholdersDr Persaud stated, too, that DDL has been able to spread out its products to new markets, whereby the company’s products are now in all the Canadian Provinces and trying to conquer the U.S. gradually, EU and UK. “We’re also selling in one of the coldest countries in the world, Russia, and it’s not easy to sell there, but we have done that, so we are here,Wholesale Jerseys Free Shipping, there and everywhere so your company is moving from strength to strength, but we need your support locally, to become the dominant player in the local market”.The company’s shareholders, he said, stretch from Crabwood Creek to the Rupununi and even in the European Union, USA, Canada, Caribbean and the European Union (EU).Diamond Liquors,Cheap MLB Jerseys China, Demerara Distillers and Guyana Distilleries were merged into the Demerara Distillers Limited (DDL). DDL is the only company which produces an international brand,Adidas Nmd Shoes For Sale, ‘El Dorado’, out of Guyana. El Dorado has won the International Wines and Spirits Competition year after year, including 2012. DDL has 9,500 shareholders in its records.The Demerara Distillers Limited has changed its strategy in trying to work closer with customers and its shareholders. Samaroo told shareholders that meeting with them once per year is not enough, rather there needs to be an ongoing dialogue among stakeholders. He announced a 24- hour hotline, 265-5000, for shareholders as well as customers.“Don’t wait until we come up here, but call us at anytime and if you have complaints or suggestions or see an opportunity, call us and let us know”.Samaroo added that the company has been making significant progress especially where it concerns marketing of its signature brand rums,NFL Jerseys China, the El Dorado rums, throughout the world. The company is now marketing the Ocean Spray brand of fruit drinks in Guyana, and Samaroo noted that this is one of the new initiatives taken by the company in not only taking the best products to the world, but bringing the best products from the world, here.A proud company managed 100 per cent by Guyanese “(DDL) gives opportunity to Guyanese; trains people in Guyana to manage the business in a manner that the best practices are achieved anywhere in the world and this must be a proud thing for all of us”.