AIRLINK 197.18 Decreased By ▼ -0.79 (-0.4%)
BOP 10.02 Decreased By ▼ -0.02 (-0.2%)
CNERGY 7.18 Decreased By ▼ -0.11 (-1.51%)
FCCL 36.50 Increased By ▲ 0.50 (1.39%)
FFL 16.63 Decreased By ▼ -0.28 (-1.66%)
FLYNG 25.58 Increased By ▲ 0.54 (2.16%)
HUBC 135.50 Increased By ▲ 1.47 (1.1%)
HUMNL 14.00 Decreased By ▼ -0.14 (-0.99%)
KEL 4.81 Increased By ▲ 0.03 (0.63%)
KOSM 6.93 Decreased By ▼ -0.01 (-0.14%)
MLCF 45.25 Increased By ▲ 0.27 (0.6%)
OGDC 218.00 Decreased By ▼ -0.23 (-0.11%)
PACE 6.95 Increased By ▲ 0.01 (0.14%)
PAEL 41.16 Decreased By ▼ -0.26 (-0.63%)
PIAHCLA 16.95 Increased By ▲ 0.09 (0.53%)
PIBTL 8.52 Increased By ▲ 0.06 (0.71%)
POWER 9.43 Increased By ▲ 0.04 (0.43%)
PPL 183.00 Decreased By ▼ -2.93 (-1.58%)
PRL 41.45 Increased By ▲ 0.18 (0.44%)
PTC 24.86 Increased By ▲ 0.09 (0.36%)
SEARL 103.99 Decreased By ▼ -0.66 (-0.63%)
SILK 1.03 Increased By ▲ 0.02 (1.98%)
SSGC 40.71 Decreased By ▼ -0.20 (-0.49%)
SYM 17.96 Decreased By ▼ -0.09 (-0.5%)
TELE 8.91 No Change ▼ 0.00 (0%)
TPLP 12.76 Decreased By ▼ -0.08 (-0.62%)
TRG 66.95 Increased By ▲ 0.35 (0.53%)
WAVESAPP 11.31 Increased By ▲ 0.01 (0.09%)
WTL 1.79 Increased By ▲ 0.01 (0.56%)
YOUW 4.01 Increased By ▲ 0.01 (0.25%)
BR100 12,118 Increased By 9.1 (0.08%)
BR30 36,634 Increased By 36.5 (0.1%)
KSE100 115,045 Increased By 2.5 (0%)
KSE30 36,150 Decreased By -49.6 (-0.14%)
World

EU urges Ivory Coast to comply with new sustainable cocoa laws

  • The European consumer wants to eat chocolate without having to think about child labour, deforestation or the poverty of those who grow cocoa.
  • The EU represents the leading destination for Ivorian beans, accounting for 67% of the country's cocoa exports.
Published January 22, 2021

ABIDJAN: The European Union on Friday urged Ivory Coast to prepare for stricter cocoa laws the body hopes to ratify later this year which aim to protect forests, curb child labour and end farmer poverty.

In September the EU launched an initiative to improve sustainability in the cocoa industry in collaboration with officials from the world's top cocoa producers Ivory Coast and Ghana, as well as member states, cocoa growers and civil society.

"The European consumer wants to eat chocolate without having to think about child labour, deforestation or the poverty of those who grow cocoa," said Jobst von Kirchmann, the EU ambassador to Ivory Coast.

The EU represents the leading destination for Ivorian beans, accounting for 67% of the country's cocoa exports.

Ivory Coast's government called for increased support from the EU and other donors to help implement the proposed legislation, including a request for more than ?2 billion ($2.44 billion) to fight deforestation.

Ivory Coasts cocoa industry employs nearly one million small farmers, represents 25% of the economy and 40% of export earnings.

"There is therefore a convergence of views and mutual interests between Ivory Coast... and the EU," said Patrick Achi, secretary general of the Ivorian presidency.

Comments

Comments are closed.