{"id":319846,"date":"2017-05-17T09:45:13","date_gmt":"2017-05-17T09:45:13","guid":{"rendered":"http:\/\/citifmonline.com\/?p=319846"},"modified":"2017-05-17T09:45:13","modified_gmt":"2017-05-17T09:45:13","slug":"ghana-awaiting-cote-divoire-to-work-on-common-cocoa-pricing","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/05\/ghana-awaiting-cote-divoire-to-work-on-common-cocoa-pricing\/","title":{"rendered":"Ghana awaiting Cote d\u2019Ivoire to work on common cocoa pricing"},"content":{"rendered":"

Ghana is awaiting concrete action from Cote d\u2019Ivoire so as to work towards establishing a common platform between the two countries for controlling Cocoa prices.<\/p>\n

Addressing the ECOWAS Parliament, the Member of Parliament for Effutu, Alexander Afenyo-Markin noted that there was an invitation on the table to Cote d\u2019Ivoire in this regard, with the potential to give the two countries more leverage, as far as the pricing of cocoa is concerned.<\/p>\n

[contextly_sidebar id=”CNrI7MTC7ob0Ed8uH2sYy4z4Zx0C0Dkw”]\u201c… if Cote d\u2019Ivoire is ready to accept an invitation by Ghana for them to share a common platform in controlling prices, because it is obvious that the international market, which is the user of cocoa, drives and determines cocoa prices and the poor farmers in our respective countries who are supposed to get the best in terms of value and in effects are shortchanged.\u201d<\/p>\n

\u201cSo I am quite sure that if Cote d\u2019Ivoire is able to respond positively to such an invitation in Ghana, both countries can have a better situation than before, so over to Cote d\u2019Ivoire,\u201d the Effutu MP stated.<\/p>\n

Mr. Afenyo-Markin was speaking after being sworn in as a member of the ECOWAS Parliament after MP for Akuapem South, Osei Bonsu Amoah, resigned after his deputy ministerial appointment because members of the Executive cannot be part of the ECOWAS Parliament.<\/p>\n

Ghana and Cote d\u2019Ivoire had been taking measures to address the price volatility of cocoa with the two countries, in April 2017, agreeing\u00a0to coordinate their production strategies during a Cocoa and Coffee Council meeting in Abidjan.<\/p>\n

The Ghana Cocoa Board (COCOBOD) and the Coffee and Cocoa Council of Ivory Coast signed an agreement in this regard.<\/p>\n

\"Ghana<\/a><\/p>\n

Ghana and Cote d\u2019Ivoire are the largest producers of cocoa in the world, accounting for over 60 percent of the global share, but the wavering price volatility has\u00a0not boded well for the two countries, as they currently contend with a 10-year low in prices.<\/p>\n

In the 2015\/2016 production year, Ivory Coast produced 1.7 million metric tonnes of cocoa, with Ghana producing about 840,000 tonnes.<\/p>\n

–<\/p>\n

By: Delali Adogla-Bessa\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

Ghana is awaiting concrete action from Cote d\u2019Ivoire so as to work towards establishing a common platform between the two countries for controlling Cocoa prices. Addressing the ECOWAS Parliament, the Member of Parliament for Effutu, Alexander Afenyo-Markin noted that there was an invitation on the table to Cote d\u2019Ivoire in this regard, with the potential […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[7195,1257,3912,3],"yoast_head":"\nGhana awaiting Cote d\u2019Ivoire to work on common cocoa pricing - Citi 97.3 FM - Relevant Radio. 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