Ghana-Ivory Coast in strategic pact to tackle falling cocoa prices | GhanaWeb

Ghana and Ivory Coast have teamed up in a strategic alliance to tackle falling prices of cocoa on the World Market.

This was revealed at the Ghana-Cote d’Ivoire Joint Commission in a statement read by the CEO of Cocobod Joseph Boahen Aidoo, MyNewsGh.com covered.

“The essence of this continuous dialogue cannot be overemphasized considering the huge fall (40%) we have experienced in the price of cocoa in the past year, thus breaking the backbones of the economies of our two countries.” He said.

“As producers of about 65% of the world’s cocoa, we (Ghana and Côte d’Ivoire) must take leadership role in ensuring fair farm gate price and sustainable cocoa industry.

“Our commitment in the past months has shown that we are up to the challenge and today’s meeting is another clear indication of our preparedness to make a difference.

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Ghana-Ivory Coast in strategic pact to tackle falling cocoa prices | Business News 2018-03-12.